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NEW
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Customized wealth management empowers your assets growth
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Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
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HOT
Stake BTC and earn 10% APR
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BlockBeats News, December 25 — According to HyperInsight monitoring, a whale address (0xdaa) deposited $2.6 million as margin into Hyperliquid yesterday and has established a roughly $1.256 million 1x leveraged LIT short position, with an average price of $3.53 and a liquidation price of $6.98. As of press time, the address is still increasing its position, with $970,000 of margin remaining unused. Currently, LIT is trading at approximately $3.47, and based on pre-market prices, its fully diluted valuation (FDV) is about $3.4 billion. Regarding market sentiment, data from the Polymarket platform shows that the probability of "Lighter remaining with an FDV over $30 billion one day after listing" has decreased by about 7% today, currently around 55%.