LIT's Largest Short Seller Faces Unrealized Losses Exceeding $10 Million on 3x Leverage, Still Holds 2.528 Million LIT

Odaily News: As LIT broke through $5.2 and continued to hit new highs, an address on Hyperliquid, the largest short seller of LIT, saw its unrealized losses on a 3x leveraged short position expand to $10.028 million. The address still holds a short position of 2.528 million LIT, with overall unrealized losses of approximately $10.098 million and a return rate of approximately -158%.