TechFlow news, July 15, according to Hyperinsight monitoring, as of 15:00, CXMT mark price on Hyperliquid was reported at $7.22, falling about 12.7% from the phase high of $8.27; 24-hour trading volume was about $25.7 million, open interest was about $19.53 million.
In this pullback, an address (0x0422) currently holding only about $155,000 worth of CXMT long positions has continuously arranged three tiers of add-on buy orders below, located at $7.03, $6.5, and $6.2 respectively.
The three tiers total 357,993.5 contracts, with a notional value of about $2.301 million. If the price continues to fall and triggers all pending orders, the address's total position will rise from the current level to 379,390.1 contracts, and the weighted cost will drop to about $6.48; calculated at $6.20, the position notional size is about $2.352 million.
CXMT overall on-chain position details are as follows:
Currently, the largest CXMT long holder has a position size of about $1.626 million, average price $7.14, liquidation price $4.61; this address also has 5,000 add-on buy orders pending at $7.10.
In terms of overall on-chain position structure, among the current 834 positions of corresponding size, there are 544 long positions and 290 short positions, with a long/short ratio by count of about 1.88; there are 32 large positions over $100,000, with a size of about $12.391 million, and the large fund short/long ratio is about 1.18. The average cost of top long positions is about $7.54, which has currently fallen into the floating loss range.
In addition, about $953,000 worth of long liquidation positions are clustered below between $6.79 and $6.83, belonging to two major long holders. If CXMT further declines, the price will pass through a dense zone of long liquidations before hitting the address's $6.50 buy order.
The nearest short liquidations above are located between $7.82 and $7.86, with a size of about $445,000; there are another about $570,000 worth of short liquidation positions between $8.12 and $8.16.
Public pending orders show that some longs started setting take-profit orders for rebounds as early as $7.88, while shorts started placing add-on orders again from $7.90, and continued to place short orders at $8.20 and $8.50, totaling about $246,000 for the three tiers. A line for long profit-taking and short add-ons has formed near $7.90.
