[A $6.0431 Million LIT Short Position is Only 2.59% Away from Liquidation, a Whale Still Holds 1.1386 Million LIT] Odaily Planet Daily News: The rise in LIT continues to squeeze short positions. A certain whale has partially closed approximately $3.6652 million worth of short positions, realizing a loss of $622,600, while the remaining position is still near the liquidation line. The whale has initiated a 5-hour TWAP buy order, planning to cover 969,900 LIT. Before initiating the order, the whale held 1.8422 million LIT short positions; as of press time, 703,600 LIT have been covered, completing 72.55% of the plan. Currently, the whale holds 1.1386 million LIT short positions with 4x isolated leverage, valued at approximately $6.0431 million, with an average entry price of $4.324. The unrealized loss is around $1.119 million. At the same time, LIT is trading at $5.30, which is $0.1373 (or 2.59%) away from the liquidation price of $5.4450. The TWAP is still in progress, with 266,300 LIT remaining to be covered, originally scheduled to conclude around 17:16 today. Subsequent position reductions or margin adjustments may alter the liquidation price.