A whale placed a CXMT sell order worth $8.32 million, exceeding CXMT’s single-day trading volume.

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ME News message: On July 20 (UTC+8), a whale on Hyperliquid opened a 1x isolated-margined short of 188,400 CXMT. The position value is about $1.2672 million. The opening average price is $6.8567, the liquidation price is about $12.4847, the unrealized profit is about $24.4 thousand, and the return rate is about 1.89%. Late yesterday afternoon, the whale placed 100 non-reducing sell orders with a price range of $7.50 to $9.00, totaling about 1,000,000 CXMT. The total order amount is about $8.3228 million, and the weighted order price is about $8.32. If all the sell orders above are fully filled, its short position will expand to about 1.1884 million CXMT, and the overall opening average price is expected to rise to about $8.09, corresponding to a notional size of about $9.615 million. (Source: ODAILY)
CXMT1.10%
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