Lighter Pre-market Long/Short Bet Upgrade, "On-chain LIT Long Position Leader" Shows $550,000 Unrealized Loss

Per Onchain Lens data as of December 30, a whale has added $3.59 million to its LIT long position, currently holding an unrealized loss of over $1.26 million. Six hours prior, the same whale closed its ASTER short position, netting roughly $537,000 in profits.

On December 30, decentralized perpetual contract trading platform Pacifica again added extended funding rate data. The platform previously supported viewing data from platforms including Pacifica, Binance, Hyperliquid, Lighter, and more. Per Pacifica’s real-time funding rate data, the cryptocurrencies with the most notable positive and negative rate differences over the past 1 hour (between Pacifica and other platforms) are: - LIT (Pacifica vs. Hyperliquid): +0.01% - ZEC (Pacifica vs. Binance): +0.0064% - HYPE (Pacifica vs. Hyperliquid): -0.0023% - NVDA (Pacifica vs. Hyperliquid): +0.0036% These rate discrepancies create arbitrage opportunities. Currently, traders on Pacifica are executing arbitrage strategies by opening long and short positions while increasing trading volume. On-chain data analysis and copy trading tool Coinbob has launched Coinbob Pacifica (@CoinbobPAC_bot), a Telegram bot where users can copy high-frequency traders’ strategies, earn trading points

On December 30, Lighter announced via its official Discord channel that the LIT token is now live for trading, currently trading at $2.4 each.

On December 30, Metaplanet CEO Simon Gerovich announced the company acquired 4,279 bitcoins in Q4 at an average price of $105,412, totaling $451.06 million. Since 2025, Metaplanet’s bitcoin returns have reached 568.2%. As of December 30, 2025, the firm holds 35,102 bitcoins, with a total value of approximately $3.78 billion and an average unit price of around $107,606.

On December 30th, data from Coinbob’s Popular Address Monitor shows the “Ultimate Bear” whale initiated a new short position on LIT at approximately $3.03. The position currently totals 31,000 LIT (valued at roughly $87,000), with an average entry price of ~$2.95 and a liquidation price of $4.75. It is sitting on a small floating profit. Additionally, a 10,000 LIT short order (at ~$3.06) remains unfulfilled. The address also still maintains a BTC short position worth ~$43.68 million, with a floating profit of $12.05 million (552%). Its average entry price is $111,500, and the liquidation price is $102,400. Since November, this address has taken profits on similar trades five times at local lows—but has not closed any of its short positions. Relative to its $136 million peak short position at the end of October, its current BTC short has shrunk by roughly $93 million. It has closed out ~$57 million worth of positions this month; previously, it held the largest on-chain BTC shor