Hyperliquid's LIT sees largest short position liquidation with $2.5 million additional margin, resulting in over $5.6 million unrealized loss.

BlockBeats News, August 24th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), the largest short position on Hyperliquid added $2.5 million in emergency margin today, with a current unrealized loss of $5.605 million.

They hold a short position of 2.528 million LIT tokens (approximately $8.9 million), with an average entry price of $1.3. After LIT was listed on Upbit today and experienced a brief surge, they added margin to reduce liquidation risk. Their current single-asset margin is as high as $7.16 million, with a liquidation price of $5.78.