BlockBeats news, on December 25, according to monitoring by HyperInsight, a certain whale address (0xdaa) deposited 2.6 million dollars into Hyperliquid as margin yesterday and has established a position of approximately 1.256 million dollars with 1x leverage on a LIT short, with an average price of 3.53 dollars and a liquidation price of 6.98 dollars. As of the time of writing, the address is still accumulating, with 970,000 dollars of the margin remaining unused.
Currently, LIT is reported at approximately 3.47 dollars, with its fully diluted valuation (FDV) calculated at around 3.4 billion dollars based on the pre-market price. In terms of market sentiment, data from the Polymarket platform shows that the probability of betting that 'Lighter's FDV will still exceed 3 billion dollars one day after listing' has decreased by about 7% today, currently standing at approximately 55%.
According to news from 20 days ago, Lighter has transferred 250 million LIT tokens (approximately 25% of the total supply) to a new address. If this portion of tokens is fully used for future airdrops, then each point corresponds to about 20.8 LIT. Based on the current pre-market price, each point is estimated to be worth about 71.1 USD, and the majority of market opinions tend to believe that Lighter will conduct the airdrop on the 31st.
