Major HYPE Holder Executing Strategic Portfolio Rebalancing: 500,000 LIT Accumulation Underway

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Abstract generation in progress

A significant airdrop recipient is executing a methodical portfolio shift, according to Chainthink’s latest on-chain monitoring. The address—ranked 20th among HYPE distributees—initiated a 5-hour TWAP order to accumulate 500,000 LIT, with approximately 77,000 LIT (~$218,000) already filled at the current market rate of $2.83 per token.

Initial Liquidation Phase

To fund this tactical reallocation, the wallet liquidated 100,000 HYPE (~$2.595 million at the current price of $25.95) within a single hour on December 29. The proceeds were then channeled into a separate address to execute the structured buying program for LIT, suggesting a deliberate effort to minimize market impact through time-weighted averaging.

Additional Stake Unlock Coming

The same whale has unstaked another 100,000 HYPE tokens (~$2.595 million), which become available in 7 days. This suggests the holder may be preparing for additional repositioning or liquidity management. Combined with the liquidated portion, the holder’s near-term HYPE exposure reduction signals confidence in alternative opportunities.

Positioning Context

This address secured 684,415.94 HYPE at the token generation event and maintains one of the largest airdrop allocations in the ecosystem. Cumulative unrealized gains from the HYPE position have exceeded $17 million, providing substantial dry powder for strategic reallocation into assets like LIT at current valuations.

HYPE-1,59%
LIT11,2%
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