On-chain LIT Maxi Long remains bullish with a strong long bias above $4.1, Polymarket odds of "Market Cap Over $40B at Launch" increase by 9%

December 29 — HyperInsight monitoring reveals the largest on-chain long position address for LIT (0xdaa) has deployed a "pyramid" strategy: layered take-profit orders spanning the $4.12–$6 range, with the $4.12 level targeting just ~0.67% of the position’s closure. This address has held a 3x leveraged long since LIT’s pre-market contract launch on the 24th, consistently adding to its holdings. Current position size: ~$3.12 million, average entry price $3.82, with an unrealized loss of ~$14.3k (4.66%). On Hyperliquid, long/short forces are currently balanced. Since pre-market launch, 10 whales (positions >$1M) have entered the market — 5 long, 5 short. Two additional whales opened long positions today. Market sentiment (Polymarket data): - Probability Lighter’s token exceeds $4B FDV one day post-listing: up ~9% in 24h, now 30%. - Probability FDV remains above $3B: up ~10%, now 52%. LIT’s current pre-market price is ~$3.5, corresponding to a fully diluted valuation (FDV) of ~$35B. Prior update (Dec 27): Lighter lead (X:@Pilla_eth) stated TGE and airdrop will occur in 2025, with the airdrop accounting for 25% of total supply. Estimates: each point equals ~20.8 LIT, valued at ~$72.8 at current prices.