A $6.824 million buy order for Changxin Memory Technologies (CXMT) appeared on the Hyperliquid order book, and at a valuation of $6 per share, its market cap exceeds that of Industrial and Commercial Bank of China.
According to Odaily, on-chain analyst Ai Yi posted on X that on the Hyperliquid order book, someone has placed a buy order for ChangXin Memory Technologies (CXMT) at $6 worth $6.824 million. Calculated at the current price of $6, ChangXin Memory Technologies' market capitalization is about 2.72 trillion yuan, with a total of 66.88 billion shares, surpassing the current market cap leader Industrial and Commercial Bank of China at 2.66 trillion yuan.
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