diff --git a/x/leveragelp/keeper/position_close.go b/x/leveragelp/keeper/position_close.go
index 2c8e56ce0..153fd02af 100644
--- a/x/leveragelp/keeper/position_close.go
+++ b/x/leveragelp/keeper/position_close.go
@@ -76,9 +76,6 @@ func (k Keeper) ForceCloseLong(ctx sdk.Context, position types.Position, pool ty
 		k.SetPosition(ctx, &position)
 	}
 
-	pool.LeveragedLpAmount = pool.LeveragedLpAmount.Sub(lpAmount)
-	k.UpdatePoolHealth(ctx, &pool)
-
 	// Hooks after leveragelp position closed
 	if k.hooks != nil {
 		k.hooks.AfterLeveragelpPositionClosed(ctx, pool)
diff --git a/x/leveragelp/migrations/v6_migration.go b/x/leveragelp/migrations/v6_migration.go
new file mode 100644
index 000000000..4d99b9f27
--- /dev/null
+++ b/x/leveragelp/migrations/v6_migration.go
@@ -0,0 +1,29 @@
+package migrations
+
+import (
+	errorsmod "cosmossdk.io/errors"
+	sdk "github.com/cosmos/cosmos-sdk/types"
+	"github.com/elys-network/elys/x/leveragelp/types"
+)
+
+func (m Migrator) V6Migration(ctx sdk.Context) error {
+	pools := m.keeper.GetAllPools(ctx)
+	// Reset pools
+	for _, pool := range pools {
+		pool.LeveragedLpAmount = sdk.NewInt(0)
+		m.keeper.SetPool(ctx, pool)
+	}
+	// Traverse positions and update lp amount and health, as there are few positions, haven't optimized it much
+	positions := m.keeper.GetAllPositions(ctx)
+	for _, position := range positions {
+		// Retrieve Pool
+		pool, found := m.keeper.GetPool(ctx, position.AmmPoolId)
+		if !found {
+			return errorsmod.Wrap(types.ErrInvalidBorrowingAsset, "invalid pool id")
+		}
+		pool.LeveragedLpAmount = pool.LeveragedLpAmount.Add(position.LeveragedLpAmount)
+		pool.Health = m.keeper.CalculatePoolHealth(ctx, &pool)
+		m.keeper.SetPool(ctx, pool)
+	}
+	return nil
+}
diff --git a/x/leveragelp/module.go b/x/leveragelp/module.go
index 6256e83b3..e37c456f5 100644
--- a/x/leveragelp/module.go
+++ b/x/leveragelp/module.go
@@ -117,7 +117,7 @@ func (am AppModule) RegisterServices(cfg module.Configurator) {
 	types.RegisterMsgServer(cfg.MsgServer(), keeper.NewMsgServerImpl(am.keeper))
 	types.RegisterQueryServer(cfg.QueryServer(), am.keeper)
 	m := migrations.NewMigrator(am.keeper)
-	err := cfg.RegisterMigration(types.ModuleName, 4, m.V5Migration)
+	err := cfg.RegisterMigration(types.ModuleName, 5, m.V6Migration)
 	if err != nil {
 		panic(err)
 	}
@@ -144,7 +144,7 @@ func (am AppModule) ExportGenesis(ctx sdk.Context, cdc codec.JSONCodec) json.Raw
 }
 
 // ConsensusVersion is a sequence number for state-breaking change of the module. It should be incremented on each consensus-breaking change introduced by the module. To avoid wrong/empty versions, the initial version should be set to 1
-func (AppModule) ConsensusVersion() uint64 { return 5 }
+func (AppModule) ConsensusVersion() uint64 { return 6 }
 
 // BeginBlock contains the logic that is automatically triggered at the beginning of each block
 func (am AppModule) BeginBlock(ctx sdk.Context, _ abci.RequestBeginBlock) {