A certain address has become the largest short seller of LIT on Hyperliquid, having opened 1.11 million LIT short positions.

According to Odaily Planet Daily, based on monitoring by on-chain analyst Ai Yi, in the past two hours, an address (0x540...3F802) deposited a total of 4.35 million USDC as margin into Hyperliquid, opening 1,110,677 LIT (US$3.07 million) short positions with 1x leverage. The average opening price was US$2.74, and the current unrealized loss is US$25,000. This address has become the largest short seller of LIT on Hyperliquid.