[Whale's LIT Short Position Exceeds $10 Million, Becoming the Largest On-Chain Short]
On January 2, Coinbob's popular address monitoring revealed that the whale has been continuously increasing its short position in Lighter (LIT). The current position size is 3,813,196 LIT (approximately $10.17 million), with an average price of around $2.7 and a liquidation price near $5. This address is currently the largest LIT short position on Hyperliquid. Additionally, the address holds short positions in over ten other tokens, including HYPE, ASTER, UNI, and ETH, most of which are in a profitable state while also earning funding rate income.