Okay, $LIT is doing that thing where one big wallet moves and everyone suddenly has an opinion.
Someone just closed a $522k short on Hyperliquid at 3.3914, and it is sitting around 3.38 now. That is a whole position walking away, not a tiny hedge getting trimmed.
I am not reading it as a straight bullish signal — one address is not the whole market. But when shorts start covering instead of adding, I do pay a bit more attention.
Are you watching $LIT here, or letting this one play out first?
#LIT #Hyperliquid
Someone just closed a $522k short on Hyperliquid at 3.3914, and it is sitting around 3.38 now. That is a whole position walking away, not a tiny hedge getting trimmed.
I am not reading it as a straight bullish signal — one address is not the whole market. But when shorts start covering instead of adding, I do pay a bit more attention.
Are you watching $LIT here, or letting this one play out first?
#LIT #Hyperliquid
