Whale Deposits 4.35 Million USDC on Hyperliquid, Opens 1x Short of 1,110,677 LIT

A whale deposited 4.35 million USDC to Hyperliquid on Dec. 30 and opened a 1x short position of 1,110,677 LIT at an average entry price of $2.74, on-chain analyst Ai 姨 (@ai_9684xtpa) reports via BlockBeats. The position represents the largest LIT short on Hyperliquid and is currently showing an unrealized loss of $25,000.