Top LIT short position on Hyperliquid faces over $10 million in unrealized losses

As LIT reaches a new high above $5.20, the largest 3x leveraged short position on Hyperliquid has seen its unrealized losses grow to $10.028 million. The address currently holds 2.528 million LIT in short positions with a total unrealized loss of approximately $10.098 million and a return on investment of roughly -158%.