Woofun AI data shows that a single address has placed three successive buy orders totaling $2.301 million for ChangXin Memory (CXMT) on Hyperliquid. These orders are set at $7.03, $6.50, and $6.20, representing 357,993.5 shares. If executed, the address’s total holding would reach 379,390.1 shares with a weighted average cost of $6.48, surpassing the current largest long position of $1.626 million. The marked price of CXMT was $7.22, down 12.7% from its high, with 24-hour volume at $25.7 million and open interest at $19.53 million.

On-chain analysis reveals 544 long positions versus 290 short positions among significant holders, yielding a long-to-short ratio of 1.88. Large positions over $100,000 total $12.391 million with a short-to-long ratio of 1.18. Top longs have an average cost of $7.54 and are currently underwater. Liquidation clusters include $953,000 in longs between $6.79 and $6.83, and shorts between $7.82 and $7.86 ($445,000) and $8.12 and $8.16 ($570,000). Market activity shows longs taking profit near $7.88 while shorts build positions at $7.90, $8.20, and $8.50 totaling $246,000.