U.S. efforts to dissuade Apple from purchasing fail to stop CXMT from hitting new highs; Hyperliquid sees a surge in holding volume of 56%
2026-08-17 17:38:19
According to CoinMeta, U.S. Secretary of Commerce Lutnick expressed opposition to Apple's purchase of Chinese storage chips. Nevertheless, the stock price of CXMT still rose, reaching a high of $9.1654 during today's trading session, setting a new high since the launch of the Hyperliquid contract. It is currently trading at around $8.98, with a gain of about 12.0% in the past 24 hours. Meanwhile, the current open interest for CXMT contracts is approximately $73.39 million, an increase of about $26.25 million from 24 hours ago, representing a growth of 55.7%. The public order book shows that there is still willingness to buy below $8.80, while prices above $9.50 have entered a profit-taking area for some long positions.
Source:Internet
This content is for market information only and does not constitute investment advice.
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