LIT: Whale Opens $1.62M Long on HyperLiquid

HyperLiquid saw a fresh wallet 0x016 deposit $2.67M USDC and open a 1.62M LIT long at 2x leverage, already printing over $330K in unrealized gains.

Price sits at $0.74 inside the Bollinger Bands with upper resistance at $0.81 and lower support at $0.69. The 4h structure remains bearish as price trades below both EMA50 at $0.77 and EMA200 at $0.79 while MACD prints a death cross at -0.03 and RSI holds neutral at 47.01. With price testing upper Bollinger resistance while the broader trend stays capped by the 50-EMA, a healthy retracement toward $0.69 support appears probable before any sustained continuation. Traders tracking LIT price prediction flows will watch whether this leveraged position forces a short squeeze or simply adds fuel to the existing downtrend.