On-chain LIT bulls remain firmly bullish, targeting above $4.10, while Polymarket's bet on the probability of a post-launch valuation exceeding $4 billion has slightly increased.

[LIT's Largest On-Chain Bullish Position Remains Strongly Bullish Above $4.1; Polymarket's Bets on "Post-LIT Valuation Exceeding $4 Billion" Slightly Increase] According to Mars Finance, on December 29th, HyperInsight monitoring showed that in the past three hours, the largest on-chain LIT bullish address (0xdaa) placed multiple layers of take-profit orders in the $4.12 to $6 price range using an "inverted pyramid" strategy, with only about 0.67% of its position planned to be closed at the $4.12 price level. This address had previously established a 3x leveraged long position since the LIT pre-market contract launch on the 24th and continued to add to its position, currently holding approximately $3.12 million, with an average price of $3.82 and a floating loss of approximately $143,000 (4.66%). Meanwhile, the bullish and bearish forces on Hyperliquid are currently relatively balanced. Since the pre-market contract launch, 10 whale with positions exceeding one million dollars have entered the market, with five on the bullish side and five on the bearish side. Two new whale opened long positions today. Regarding market sentiment, data from the prediction market Polymarket shows that the probability of contracts betting on "Lighter's FDV exceeding $4 billion one day after its IPO" has increased by about 9% in the past 24 hours, currently reaching 30%; while the probability of the FDV remaining above $3 billion has increased by about 10%, currently at 52%. The current pre-market price of LIT is approximately $3.5, corresponding to a fully diluted valuation (FDV) of approximately $3.5 billion. Previously, on the 27th, a Lighter representative (X:Pilla_eth) stated that TGE and the airdrop will take place in 2025, with the airdrop accounting for 25% of the total supply. It is estimated that each point corresponds to approximately 20.8 LIT, worth approximately $72.8 at the current price.