Hyperliquid LIT’s largest short adds $2.5 million as losses reach $5.605 million

Hyperliquid LIT’s largest short position added $2.5 million in margin after LIT briefly rose following its listing on Upbit. The position holds 2.528 million LIT, worth about $8.9 million, at an entry price of $1.30, and is carrying an unrealized loss of $5.605 million. Its margin for the single-token position now stands at $7.16 million, while the liquidation price is $5.78. Adding margin reduces the risk that the position will be automatically closed if LIT rises further.

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