Hyperliquid LIT Short Seller Closes BTC and ETH Longs, Opens New Leveraged Shorts

Hyperbot data shows that the largest LIT short seller on Hyperliquid has closed all of its Bitcoin and Ethereum long positions. According to Odaily, the trader then opened 10x leveraged short positions in AVAX and HYPE, as well as a 20x leveraged SOL short. The trader’s 3x leveraged short on 2.528 million LIT is now showing an unrealized loss of $5.25 million, and the overall position has an estimated return on investment of about -115%.

Source: CoinLive The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.