An address identified as 0xf29…41244 has initiated a TWAP short position worth approximately $2.155 million on ChangXin Memory Technologies (CXMT) via the Hyperliquid platform. The position involves selling 300,000 CXMT tokens at an average price of $7.1825. If fully executed, this would rank as the second-largest CXMT position on the platform. Currently, only 1.14% of the order has been filled, with the account holding a margin of about $15 million.