BlockBeats News, December 25th, according to HyperInsight monitoring, a whale address (0xdaa) yesterday continued to deposit $2.6 million into Hyperliquid as collateral and has established a leveraged short position of approximately $1.256 million in LIT with 1x leverage, with an average price of $3.53 and a liquidation price of $6.98. As of press time, the address is still actively increasing its position, with $970,000 of the collateral remaining unused.
Currently, LIT is trading at around $3.47, and based on the pre-market price, its fully diluted valuation (FDV) is approximately $3.4 billion. In terms of market sentiment, data from the Polymarket platform shows that the probability of the bet “Lighter’s FDV still exceeding $3 billion one day after listing” has decreased by about 7% today and is currently around 55%.
Previously, on the 20th, Lighter moved 250 million LIT tokens (approximately 25% of the total supply) to a new address. If this portion of the tokens is all used for future airdrops, then each Lighter point corresponds to approximately 20.8 LIT tokens. Based on the current pre-market price, the value of each point is about $72.1, and currently, the majority of the market expects Lighter to airdrop on the 31st day.
