Lighter Long/Short Bet Upgrade, 'On-chain LIT Long Max' Unrealized Loss Reaches $550,000

BlockBeats News, December 30th, according to Hyperinsight monitoring, as Perp DEX Lighter has started to distribute airdrops on the platform, pre-market LIT long/short betting has been upgraded. In the past 1 day, the total active long LIT position on Hyperliquid has reached $11.5 million, and the short LIT position has reached $13.62 million.

The pre-market price of LIT on Hyperliquid is currently at $2.97, a 24-hour decrease of 18.9%, with short positions accounting for 55.71% of the total, slightly dominant.

The "On-chain LIT Maximum Long" has taken a 2x leverage long position of 1,262,926 LIT (approximately $3.75 million) at an average entry price of $3.4052, with an unrealized loss of $550,000.