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A certain LIT bottom-fishing address capitalized on a 3.5x rally, delivering a 1030% return on its long position.

1 hours ago

According to monitoring by TradingBeats (formerly Hyperinsight), the trader with an address starting with 0xbf34 currently holds 151,515 LIT in long positions, valued at approximately $588,600, with an average entry price of $1.2643, generating an unrealized profit of around $397,000. Calculated with 5x leverage, the return rate is about 1036%. On January 31, this address briefly attempted to go long, later closing its old long positions at an average price of $1.37, incurring a loss of roughly $17,900. Two months later, as LIT fell to near its recent low, the trader re-entered the market: on April 1, it bought at an average price of $0.858, only about 10% above the March 31 low of $0.78. The first round of re-positioning has since delivered a ~352% gain for LIT. After that, on April 8, it added 27,891 LIT at $1.0756. On June 3, as the price rebounded, the address continued buying at $1.543, eventually expanding its position to 151,515 LIT, which it has held ever since. TradingBeats, an on-chain perpetual and address analysis tool, is now launched, supporting real-time Hyperliquid data, enabling in-depth analysis from address tracing to whale operations, with all details visible at a glance.

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