Whales execute big deposits in LIT: $3.5 million pointing downward

RugResistant · 2026-01-13T09:32:19+00:00

On December 30, 2025, two major investors executed leveraged short positions totaling $3.5 million in USDC against Lighter (LIT), indicating a bearish outlook and short-term vulnerability of the asset.

RugResistant

2026-01-13 09:32:19

Abstract generation in progress

December 30, 2025 marked a turning point in the behavior of major investors of Lighter (LIT). Two market whales decided to take an aggressive stance against the asset, executing leveraged trades totaling $3.5 million in USDC.

Trade Details

The address labeled ‘0x47e’ was the first to move, channeling 2 million USDC into a short position with 3x leverage. Shortly after, ‘0xd6b’ completed the move by depositing 1.5 million USDC under an identical strategy. Both transactions were recorded by Onchain Lens, revealing tactical coordination between these key players.

What this big deposit means

This type of capital concentration on the downside is no coincidence. The timing coincides with critical moments where LIT is being tested at its key support and resistance levels. With the current Lighter price around $2.19, these deposits suggest that whales see vulnerability in the short term.

The 3x leverage strategy indicates confidence in a bearish direction. These whales are not only betting but also increasing their exposure, signaling a pessimistic market outlook for LIT in the upcoming trading sessions.

LIT1,65%

USDC-0,05%

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.