An address has become the largest position holder on Hyperliquid, holding a CXMT short position worth $7.88 million.

Foresight News reports, according to monitoring by @ai_9684xtpa, a certain address currently holds CXMT short positions worth 7.88 million US dollars. This address holds 1.23 million CXMT short contracts with an average entry price of 6.615 US dollars; currently, its limit sell order for 420 thousand at the price of 6.4284 US dollars has only been filled 34.39%. If fully filled, the total position would reach 9.65 million US dollars.