$LIT surged 11.2%, but the fee rate flipped negative

The 11.2% rise was posted, yet the fee rate fell from +0.0031% to -0.0017%. Something’s off.

$LIT current price is 5.2308, with a 24h trading volume of $113.9M. In the news, “Top 3 Crypto to Watch in the Second Week of July 2026” highlighted it, boosting media attention.

But what does a fee rate turning negative mean? Bears are starting to gain the upper hand. Someone is betting it won’t keep going up.

But take a look at the open positions—76.1M, 76.5M, 78.1M, 82.5M—pushing higher all the way to +8.5%. As the price moves up, positions are still being added. This isn’t a low-volume short churn.

Here’s the flip: after a 11.2% pump, the fee rate turned negative, and the cost of short positions is being driven higher. Negative fee rates at lower levels are the bears’ comfort zone—and also a tell for a short-covering setup.

Don’t rush to pick a side. First check your position cost, then check your leverage.

Risk reminder: a negative fee rate can persist, or it can flip back to positive overnight. For those chasing shorts, the first thing they lose on is the fee rate—not the direction.

#LIT #币安 #比特币