🚨 Whale 0xf292 is holding a 𝟮.𝟲𝗠 𝗖𝗫𝗠𝗧 ($𝟭𝟴.𝟯𝟲𝗠 𝗻𝗼𝘁𝗶𝗼𝗻𝗮𝗹) short on Hyperliquid, now sitting on a $𝟭.𝟳𝗠 𝘂𝗻𝗿𝗲𝗮𝗹𝗶𝘇𝗲𝗱 𝗹𝗼𝘀𝘀 after CXMT surged post-listing. The whale entered at an average price of $𝟲.𝟰 and has been adding aggressively. CXMT spiked to $𝟳 on open, pushing the position deep underwater. Take-profit orders sit between $𝟮 𝗮𝗻𝗱 $𝟰.𝟱 — betting CXMT collapses well below entry. Liquidation price at $𝟭𝟲.𝟵𝟭. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: This is one of the largest single-trader shorts on a Hyperliquid pre-IPO perp right now. If CXMT continues higher toward the liquidation price, a forced close would add significant buy-side pressure — a classic short squeeze setup. Conversely, if the whale's thesis plays out and CXMT drops toward the $2-$4.5 take-profit zone, that confirms the post-listing pump was overextended. CXMT's 20% Discovery Bound adds idiosyncratic risk — re-anchoring events can cause abrupt P&L swings. Position verified on Hypurrscan: https://hypurrscan.io/address/0xf2925cb0779a741fe33037cbd88fca5382e41244#perps source: lookonchain Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=1642(Hupzy (Spot On Chain))