A trader's $2.39 million CXMT short was liquidated, losing $274,700

Source: PANews2026/07/27 10:00

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PANews July 27 news, according to Onchain Lens monitoring, as the price of $CXMT surged 12.7%, a short position worth $2.39 million on the Hyperliquid platform was forcibly liquidated. A trader opened a position 35 hours ago at an average entry price of $6.003, which was eventually liquidated at $6.693. The trader had deposited 240,000 USDC two days ago. The forced liquidation resulted in a loss of $274,720.

A trader's $2.39 million CXMT short was liquidated, losing $274,700

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