Or possibly due to the "Lighter Launches Airdrop Distribution" announcement, LIT experiences a sudden pre-market drop of over 10%.

Per Onchain Lens monitoring on December 30: - Whale address 0x47e deposited 2M USDC and opened a 3x leveraged short position on LIT. - Whale address 0xd6b deposited 1.5M USDC and opened a 3x leveraged short position on LIT.

As of December 30, 2025, Japanese listed firm MetaPlanet holds 35,102 Bitcoins, per the company’s latest announcement on the same date. The holdings have a total value of approximately $3.78 billion, with an average purchase price of around $107,606 per Bitcoin. Bitcoin is currently trading at $87,428.6. At this price, MetaPlanet’s Bitcoin holdings are in a paper loss of 18.75%—equivalent to roughly $708.75 million.

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.