Bullish
Changxin Memory Short Seller Adds $10M, Profit Hits $618K
2026-07-26 12:44:51
Top CXMT short position holder deposits $10M USDC to Hyperliquid, expanding shorts to $13.1M with $618K unrealized gains.
Woofun AI reports that the largest short seller of Changxin Memory deposited 10 million USDC into Hyperliquid across two transactions. The entity utilized TWAP orders to expand short positions in CXMT, now holding 2.128 million short positions worth approximately $13.1 million. This address currently shows an unrealized profit of around $618,000 and a cumulative historical profit of about $792,800.
WOOFUN AI
Impact Assessment · Quick Read
The aggressive expansion of short positions by a major player indicates strong bearish sentiment toward Changxin Memory derivatives. With over $13 million in exposure, this address represents significant counter-party risk for long holders. The substantial unrealized gains suggest the market price has moved favorably against longs, potentially triggering further deleveraging if volatility increases.
Generated by WOOFUN AI · For reference only, not investment advice
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