PARALlel Drive Lighter priceLIT

BlockBeats News, December 25th, according to HyperInsight monitoring, a whale address (0xdaa) continued to deposit $2.6 million into Hyperliquid as collateral yesterday and has opened a roughly $1.256 million 1x leverage LIT short position at an average price of $3.53, with a liquidation price of $6.98. As of the time of writing, 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 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 remains above $3 billion one day after listing" has decreased by about 7% today, currently standing at around 55%. In a previous update on the 20th, Lighter transferred 250 million LIT tokens (approximately 25% of the total supply) to a new address. If this portion of tokens is all used for a future airdrop, each Lighter point would correspond to about 20.8 LIT tokens. Based on the current pre-market price, each point is valued at around $71.1, and the prevailing market view is that Lighter will airdrop on the 31st.

$POWER Missed the last move? This is your second chance. $POWER lost structure and the breakdown is active. Lower highs, sellers in control, momentum pointing down. I'm already riding it. Targets below, risk defined, SL is non-negotiable. Execute or watch it run without you $LIT $BEAT also in play... Let's see who's disciplined this time #LIT #LUX #BEAT #belaunch

$LIT bullish

$LIT people who short will cry tomorrow