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

LIT

LIT/USDT

$1.667

+3.04%

$1.667

+3.04%

(24s)

24h Volume

$31,604,448.67

24h H/L

$1.728 / $1.602

Change: $0.1260 (7.87%)

Funding Rate

+0.0034%

Longs pay

Data provided by COINOTAG DATALive data

LIT

Daily

$0.7430

▲ 7.06%

Volume (24h): -

Resistance Levels

Resistance 3$1.1507

Resistance 2$1.0305

Resistance 1$0.9103

Price$0.7430

Support 1$0.6371

Support 2$0.5210

Support 3$0.3868

Pivot (PP):$0.7180

Trend:Sideways

RSI (14):48.6

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.