With a floating loss of $5.605 million, the largest LIT short position on Hyperliquid has added $2.5 million in margin.
Odaily reported, according to on-chain analyst Ai Yi's monitoring, the largest short position of Hyperliquid LIT added $2.5 million in margin today and is currently facing an unrealized loss of $5.605 million. This short position holds 2.528 million LIT, valued at approximately $8.9 million, with an opening price of $1.3. After LIT was listed on a certain exchange today and briefly surged, the short position added margin to reduce liquidation risk; currently, the margin per coin is $7.16 million, and the liquidation price is $5.78.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Apple (AAPL.US) downgraded to "Hold" by Loop Capital: iPhone shipment cuts likely difficult to offset, valuation at five-year high
Loop Capital downgraded Apple's rating due to concerns over iPhone shipments.
LS Electric Q3 Operating Profit Rises 131.71% Year on Year
Micron Technology (MU.US) invests in expanding Indium’s New York plant: Restarts domestic processing of critical minerals, secures long-term supply of high-purity materials
Micron Technology is investing in the critical minerals processing sector to enhance the U.S. supply chain ecosystem.
Crypto prices
More
