PANews reported on December 30th that, according to @ai_9684xtpa, address 0x540…3F802 has become the largest short seller of LIT contracts on the Hyperliquid platform. This address deposited 4.35 million USDC as margin in the past two hours and opened a 1x leveraged short position of 1.11 million LIT at an average price of $2.74. Currently, this position is showing a floating loss of approximately $25,000.