Whale Deposits $1.81M USDC Into HyperLiquid and Opens a 3x Leveraged Long on 500,000 LIT Worth $1.83M

HYPE

HYPE/USDT

$24.76

-4.77%

$24.76

-4.77%

(24s)

24h Volume

$410,017,732.86

24h H/L

$26.04 / $24.35

Change: $1.69 (6.94%)

Funding Rate

-0.0012%

Shorts pay

Data provided by COINOTAG DATALive data

HYPE

Daily

$24.78

▲ 0.16%

Volume (24h): -

Resistance Levels

Resistance 3$28.39

Resistance 2$26.7272

Resistance 1$25.48

Price$24.78

Support 1$24.725

Support 2$23.1489

Support 3$20.35

Pivot (PP):$24.79

Trend:Downtrend

RSI (14):45.0

COINOTAG News, on December 29, citing LookIntoChain analytics, reported that whale address 0xA71d deposited 1.81 million USDC into HyperLiquid and opened a 3x leveraged long position on the LIT token, acquiring 500,000 LIT with a reported value of $1.83 million at execution. This on-chain activity highlights the use of stablecoins for liquidity deployment and the appetite for high-leverage exposure within DeFi protocols. Market participants will monitor subsequent activity and pricing dynamics for LIT and related platforms, as such flows can influence near-term liquidity and risk metrics in crypto markets.