According to on-chain monitoring data, this giant whale just entered $LIT long positions, with a single position size of $3.59 million. Sounds like a big move? But looking at the ledger, it’s already underwater by $1.26 million.
The interesting part is here — just 6 hours ago, it closed its previous $ASTER short position, pocketing a profit of $537,000. This buy and sell, the rhythm is very clear, not like a panicked follow-up.
Now the question is in front of us: Is this whale caught by $LIT 's volatility? Or is it voting with real money, optimistic about the future market trend, deliberately holding onto millions in floating losses to test its judgment?
When a big fish is willing to endure this level of drawdown, it often reflects that the market is not as simple as it seems. The market has its own logic.
$BTC $ETH How is the trend? Is this LIT long position a market signal or a capital trap? What do you all think?
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0xTherapist
· 3h ago
Whales are pouring so much into LIT—are they driven by faith or caught in a trap? Honestly, I find it a bit hard to understand.
But guys willing to withstand a million-dollar floating loss usually don't act recklessly. There's definitely some strategy behind this rhythm.
Wait, does the Ripple $1 billion XRP fund pool have anything to do with this whale? The information seems a bit confusing.
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GateUser-0717ab66
· 3h ago
Whales holding onto millions in unrealized losses still dare to keep adding positions. Where does this confidence come from? Can LIT turn around later?
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SilentObserver
· 3h ago
Whales are holding onto a million-dollar floating loss and still adding more. This pace is indeed interesting, not looking panicked.
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This move with LIT is more about testing their logic than being trapped. There's something to it.
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Just closed a 530,000 profit and immediately shifted to LIT. The rhythm here is very clear—big players are planning their next move.
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Daring to hold onto a million-dollar drawdown shows that this whale's mindset isn't just about short-term fluctuations.
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I'm curious when this whale entered again. How did they jump into LIT right after cashing out from ASTER?
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Investing real money in voting is stronger than just talking. At least this move's logic makes sense.
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If this LIT order is truly a signal, there should be a story behind it. But the floating loss is just too big.
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They woke up and threw over 300 million in. Definitely a whale with no money worries.
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Switching from ASTER arbitrage to LIT bullishness—was it a genuine confidence or just testing the waters?
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Holding onto a 1.26 million floating loss and still going? This whale either sees something we don't or is just gambling.
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DaoGovernanceOfficer
· 4h ago
ngl the whale's literally voting with capital here—that's quadratic funding in action, whether they realize it or not. data on this stuff is messy though
Reply0
DegenGambler
· 4h ago
1.26 million underwater and still so calm? Either this guy truly has faith, or he's just got plenty of idle money.
#Ripple筹划设立10亿美元XRP资金池 The big whale suddenly moved! A "sleeping" whale has resurfaced.
According to on-chain monitoring data, this giant whale just entered $LIT long positions, with a single position size of $3.59 million. Sounds like a big move? But looking at the ledger, it’s already underwater by $1.26 million.
The interesting part is here — just 6 hours ago, it closed its previous $ASTER short position, pocketing a profit of $537,000. This buy and sell, the rhythm is very clear, not like a panicked follow-up.
Now the question is in front of us: Is this whale caught by $LIT 's volatility? Or is it voting with real money, optimistic about the future market trend, deliberately holding onto millions in floating losses to test its judgment?
When a big fish is willing to endure this level of drawdown, it often reflects that the market is not as simple as it seems. The market has its own logic.
$BTC $ETH How is the trend? Is this LIT long position a market signal or a capital trap? What do you all think?