An anonymous whale increased its ChangXin Memory Technologies position from 2,390,881.4 tokens to 2,900,641 tokens after opening the trade on July 26 and holding it for 24 days. The position is valued at $24.52 million, with $5.65 million in unrealized profit and $4.044 million paid in funding fees. It represents 37.2% of open interest (total outstanding positions) in the trading pair and remains well away from its liquidation price. HyperliquidNews said the position may belong to an investor or an employee holding vested shares, using the hedge to sell at a predetermined price.