Largest LIT Short on Hyperliquid Faces $10 Million Unrealized Loss

LIT broke above $5.2 to reach a new high, pushing the largest LIT short position on Hyperliquid deeper into losses. The 3x leveraged short position now carries an unrealized loss of $10.028 million. The address still holds 2.528 million LIT short, with total unrealized losses of about $10.098 million and an ROI near -158%.