According to @OnchainLens, a whale running a 1x long on LIT was partially liquidated as price fell, realizing a $509,000 loss, source: Onchain Lens on X (Jan 15, 2026). The same update states the position remains open with a next liquidation price of $1.49, source: Onchain Lens on X. The linked tracker shows the active wallet exposure and liquidation thresholds for the LIT position at wallet 0x6c0f1f1e73a98435494ddd5ff1e62f2dfbd03a62, source: CoinMarketMan HyperTracker app.coinmarketman.com/hypertracker/wallet/0x6c0f1f1e73a98435494ddd5ff1e62f2dfbd03a62. This $1.49 level is the stated trigger for further forced selling on that account, source: Onchain Lens on X; CoinMarketMan HyperTracker.