Hyperliquid data on the chain shows that on the eve of the listing of Changxin Technology, the position of wallets in the United States, Hong Kong and mainland China was too large, and the position of wallets in South Korea and Taiwan, China was too short. The Korean wallet holds a short position of approximately $760000, which is about 38 times the size of a long position; The wallet clearance in Taiwan, China is about 329000 dollars. The net surplus of the US wallet is about 1.255 million US dollars, the net surplus of the Hong Kong wallet is about 869000 US dollars, and the net surplus of the mainland Chinese wallet is about 67000 US dollars. If the Korean wallet's $760000 short position is opened at $6.48 without any adjustment, the theoretical floating loss is about $48500, with a loss rate of about 6.4%.
