Defiant that Longxing's 3 trillion RMB market cap is still undervalued, a certain address heavily opened a long position of about $5 million CXMT.

BlockBeats News, July 23rd, according to on-chain analyst Ai Auntie (@ai_9684xtpa), the address 0x2b6…32f6c tonight went long on 751,734.8 CXMT (Changxin Memory Technology, listed entity is Changxin Technology) at an average price of $6.7815 per token, with a position value of $4.945 million. The position is currently at a loss of $154,000 and is the third largest CXMT position on Hyperliquid. The whale also went long $4.04 million on Hynix.