TechFlow news, July 20, according to Hyperinsight monitoring, the mark price of CXMT on Hyperliquid was reported at $6.7274, down approximately 6.97% from the previous day, hitting a low of $6.62, with a 24-hour trading volume of approximately $6.837 million. As CXMT retreated, the largest short position, a whale with an address starting with 0xf292, still maintains large-scale limit orders to add shorts on rebounds above.
Yesterday afternoon, the address placed 100 sell orders not reducing position, with a price range of $7.50 to $9.00, totaling approximately 1 million units, an order value of approximately $8.3228 million, and a weighted limit order price of approximately $8.32. The order size has exceeded the total trading volume of CXMT in the past 24 hours. Among them, the lowest tier at $7.50 is approximately 11.5% higher than the current price, and the weighted limit order price is approximately 23.7% higher than the current price.
As of press time, the address is currently shorting 188,400 units of CXMT with 1x isolated margin, with a position value of approximately $1.2672 million, an average entry price of $6.8567, and a liquidation price of approximately $12.4847; unrealized profit is approximately $24,400, with a return rate of approximately 1.89%.
If the sell orders above are fully executed, its short position will expand to approximately 1.1884 million units, 6.3 times the current size, with the comprehensive average entry price expected to rise to approximately $8.09, corresponding to a notional size of approximately $9.615 million.
