CXMT: Hyperliquid Short Hits $7.88M Ahead of Listing

ChangXin Memory Technologies faces intense scrutiny on Hyperliquid with address 0xf2925cb0779a741fe33037cbd88fca5382e41244 now the largest short holder at $7.88 million on 1.23 million $CXMT tokens entered at $6.615. The position carries a notional market cap near 3 trillion RMB while a fresh limit order at $6.4284 for 420,000 tokens sits 34.39 percent filled; full execution would lift the total short to $9.65 million. CXMT token Hyperliquid perpetuals activity coincides with the three-day countdown to 长鑫存储 CXMT listing for the Hefei-based DRAM maker founded in 2016.