An unknown trader opened the biggest LIT short on Hyperliquid after depositing over $4 million USDC margin within two hours, showing an early $25,000 unrealized loss.
An unidentified address deposited 4.35 million USDC as margin on Hyperliquid in a two-hour period, then opened a short position of 1,110,677 LIT valued at $3.07 million, with an average entry price of $2.74. The position is currently showing an unrealized loss of $25,000, making it the largest LIT short recorded on the platform.