Changxin Technology Stock Surges 12.7% While Hyperliquid Whale Adds to $11.6M Long

Changxin Technology shares rose 12.66% on its third trading day. A tracked Hyperliquid whale expanded a $11.65M leveraged long position, achieving a 39.3% unrealized return.

Woofun AI data shows that Changxin Technology closed at 52.95 yuan on July 29, marking a 12.66% increase from the previous day's close of 47 yuan. The stock traded between 46.26 yuan and 53.99 yuan, representing an 8.1% gain since its initial listing close of 49 yuan.

On Hyperliquid, a whale address starting with 0x9a8 maintains a 5x leveraged long position in CXMT valued at approximately $11.653 million. With an entry price of $6.615, the position yields an unrealized profit of $0.848 million and a 39.3% return rate. The entity has consistently added to the position since July 15, including a $2.353 million increase on July 27 and further additions on July 28 and 29, while maintaining seven active buy orders totaling $0.609 million.