Hupzy (Spot On Chain)|Aug 04, 2026 05:34
A CXMT short whale is down $𝟰.𝟯𝗠 in unrealized losses and has paid over $𝟮𝗠 in funding fees as the token keeps climbing — liquidation sits at $15.8.
𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: A $6.3M+ total cost (losses plus funding) on a single short is the kind of pain that precedes capitulation. If CXMT approaches $15.8, a forced liquidation would trigger a buy-in cascade amplifying the move. CXMT perps are tradeable on Hyperliquid — watch $15.8 as a potential short-squeeze trigger.
https://hypurrscan.io/address/0xf2925cb0779a741fe33037cbd88fca5382e41244#txs
source: lookonchain
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