Loss exceeds $40,000, CXMT short position on Hyperliquid liquidated in 28 minutes

Odaily Planet Daily News: According to on-chain analyst Ai Yi's monitoring, a trader went short on Changxin Memory (CXMT) on Hyperliquid and was liquidated within 28 minutes, with a position of approximately $220,000 suffering a loss of $44,000. Ai Yi reminded that currently the liquidity of CXMT contracts on Hyperliquid is relatively low, leading to more volatile price movements. Data shows that a wallet with an asset scale exceeding $75 million is establishing a long position in CXMT.