Longxin Storage's largest short holder adds 10M USDC to Hyperliquid for a CXMT short position.

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Longxin Storage’s largest short holder added 10 million USDC to Hyperliquid via a TWAP order to increase their CXMT short position. The address now holds 2.128 million CXMT short contracts, valued at $13.1 million, with $618,000 in unrealized profit and $792,800 in cumulative gains. This move reflects a calculated risk-to-reward ratio in a position trading strategy.

According to Onchain Lens, the largest short position holder of鑫 Storage deposited 10 million USDC into Hyperliquid and placed a TWAP order to increase its CXMT short position. This address holds 2.128 million CXMT short positions, valued at $13.1 million, with an unrealized profit of $618,000 and a total historical profit of $792,800.

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