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The largest on-chain LIT long position remains firmly bullish, targeting above $4.1, while Polymarket betting on "post-listing valuation exceeding $4 billion" sees a slight increase in probability.

The largest on-chain LIT long position remains firmly bullish, targeting above $4.1, while Polymarket betting on "post-listing valuation exceeding $4 billion" sees a slight increase in probability.

2025-12-29 13:28

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ChainThink report, December 29: According to HyperInsight monitoring, within the past 3 hours, the largest long-position address on-chain (0xdaa) has placed multi-layered take-profit orders in a "reverse pyramid" pattern across the $4.12 to $6 range for LIT. At the $4.12 level, only approximately 0.67% of positions are planned for liquidation. This address initiated a 3x leverage long position since LIT's pre-market contract listing on the 24th and has continued adding exposure, now holding a position size of roughly $3.12 million at an average entry price of $3.82, with a floating loss of approximately $143,000 (4.66%).


Meanwhile, on Hyperliquid, long and short positions remain relatively balanced. Since the pre-market contract launch, ten whales with holdings exceeding $1 million have entered the market, with five on each side. Two new whales have opened long positions today.


In terms of market sentiment, data from the prediction market Polymarket shows that the probability of the contract betting on "LIT’s FDV exceeding $4 billion one day after listing" has risen by approximately 9% over the past 24 hours, now reaching 30%. The probability of FDV remaining above $3 billion has increased by about 10%, currently standing at 52%.


The current pre-market price of LIT is approximately $3.5, corresponding to a fully diluted valuation (FDV) of around $3.5 billion. Earlier on the 27th, a Lighter-related representative (X: Pilla_eth) confirmed that TGE and token airdrop will occur in 2025, with the airdrop accounting for 25% of the total supply. Based on estimates, each point of score corresponds to approximately 20.8 LIT tokens, valued at around $72.8 at current prices.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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