2025-12-30 10:24:33

According to on-chain monitoring, on December 30th, a whale deposited 4.35 million USDC into the Hyperliquid platform. Immediately afterward, they opened a short position with over 1.11 million LIT at 1x leverage, with an average entry price around $2.74. Currently, this trade has a floating loss of $25,000. From the data, this short position was quite substantial, but it seems to be somewhat trapped at the moment. Recently, LIT's price movement has attracted the attention of many large investors, with both bullish and bearish traders gearing up.

LIT-42.2%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
4
Repost
Share

Comment

0/400

PaperHandsCriminal

· 2h ago

Another smart person got trapped, this is what you call a gambler's mentality haha

View OriginalReply0

BugBountyHunter

· 2h ago

Wow, 4.35 million invested and immediately stuck with a loss of 25,000. What's going on with this big fish?

View OriginalReply0

MaticHoleFiller

· 2h ago

Haha, even Big Fish can fall into a trap. Is it just 4.35 million USDC? LIT's recent market trend is really fierce; short positions can lose up to 25,000. Everyone has experienced being trapped; it all depends on how to rescue afterward. This big investor is quite bold, directly investing 1.11 million tokens. I just want to see how he will handle it. Recently, LIT has indeed attracted attention, with both bulls and bears betting on this move.

View OriginalReply0

CounterIndicator

· 2h ago

Haha, even big fish have their crashes. This time, I really got caught by LIT. Being trapped in a short position and still having to hold on—this is the joy of leverage. 111 million tokens shorted and only losing 2.5? This guy's mentality is really steady. LIT's recent market movement is a bit outrageous; both longs and shorts are going all-in. Big investors are also starting to play this trick. Even with 1x leverage, you can lose. That's hilarious. It seems that shorting LIT isn't that simple; I need to reassess. This is why I never touch 1x leverage.

View OriginalReply0