Svmuu News: Hyperliquid News posted on X stating that the largest short position on Hyperliquid for the “CXMT” contract is currently worth approximately $3.8 million. This position currently accounts for 17.36% of the open interest in the “CXMT” contract market on Hyperliquid, with an unrealized profit of approximately $45,000.In addition, this address has placed limit sell orders worth approximately $4.17 million above the current price.
As of this writing, the price of the CXMT contract on Hyperliquid is $7.4178, with a 24-hour trading volume of $48.93 million and open interest of $21.95 million.