Market movement: Two large whales recently concentrated on the HyperLiquid platform to short LIT tokens. According to on-chain data tracking, address 0x47e deposited $2 million USDC into the platform and then established a short position on LIT with 3x leverage; another address 0xd6b deposited $1.5 million USDC, also entering a short position with 3x leverage. The total capital involved in these two transactions reached $3.5 million, fully demonstrating the pessimistic outlook of major investors on LIT's recent trend. Such large leveraged trades often serve as market indicators and warrant close attention.
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APY_Chaser
· 12-30 11:42
A short squeeze of 3.5 million USD, how bearish is that... If LIT rebounds, it might be liquidated.
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NeonCollector
· 12-30 11:41
3.5 million dollars short position entered, this rhythm doesn't seem right... need to keep a close eye on LIT's movements
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SilentObserver
· 12-30 11:29
3.5 million USD short position... This LIT is probably going to get a beating.
Market movement: Two large whales recently concentrated on the HyperLiquid platform to short LIT tokens. According to on-chain data tracking, address 0x47e deposited $2 million USDC into the platform and then established a short position on LIT with 3x leverage; another address 0xd6b deposited $1.5 million USDC, also entering a short position with 3x leverage. The total capital involved in these two transactions reached $3.5 million, fully demonstrating the pessimistic outlook of major investors on LIT's recent trend. Such large leveraged trades often serve as market indicators and warrant close attention.