Trader short CXMT on Hyperliquid, resulting in a loss of $44000

According to AI, an on chain analyst, a trader who shorted CXMT on Hyperliquid experienced a liquidation within 28 minutes, resulting in a loss of approximately $44000 on a $220000 position. Auntie Ai reminds us that currently, the liquidity of CXMT contracts on Hyperliquid is relatively low, and price fluctuations are more intense. Data shows that a wallet with an account asset size exceeding $75 million is establishing a CXMT long position.