Whale Opens $1.256M 1x LIT Short Position on Hyperliquid with $2.6M Margin

Address 0xdaa deposited $2.6 million in margin on Hyperliquid and opened a roughly $1.256 million 1x short position in LIT at $3.53 on Dec. 25, HyperInsight data show. Polymarket odds that the token's fully diluted valuation stays above $3 billion a day after listing fell about 7 percentage points to around 55% today.