CXMT: New Wallet Opens 2x Long With 5M USDC
CXMT whale deposits 5M USDC on Hyperliquid for 194175 token 2x long worth $1.38M with $4 liquidation price.
SourceAnalysis
@lookonchain flagged a fresh wallet that deposited 5M USDC on Hyperliquid and opened a 2x long for 194175 CXMT valued at $1.38M with a liquidation price of $4. The trade structure points to aggressive CXMT price prediction bets while Hyperliquid trading volume absorbs the size and crypto leverage strategies remain in focus.
Lookonchain
@lookonchainLooking for smartmoney onchain