LIT up 141.5% since Robinhood Chain mainnet launch, with three early longs sitting on $15.47 million in unrealized profit

LIT up 141.5% since Robinhood Chain mainnet launch, with three early longs sitting on $15.47 million in unrealized profit

N
News Editor
2026-09-14 07:44:14
LIT was trading at about $4.567 as of Sept. 14, according to TradingBeats, after gaining another 9.85% over the past 24 hours. Using the Hyperliquid price of $1.89 at the time Robinhood Chain’s mainnet went live on July 2 at 02:00, the token has climbed roughly 141.5% since then. TradingBeats said three highlighted addresses now hold a combined 7.378 million LIT in long positions worth about $33.71 million, with aggregate unrealized profit of around $15.465 million. The largest of the three, 0x9321…, holds about 5 million LIT at an average entry of $2.64, for paper gains of about $9.634 million. Another address, 0x016e…, accumulated 1.6641 million LIT at an average price of $2.364 and is up about $3.669 million, while 0x5f94…, the lowest-cost holder in the group, holds about 714,600 LIT at an average of $1.5422 and is sitting on roughly $2.162 million in profit. Separately, TradingBeats said address 0x7e1a… recently rotated its position, took profit on Sept. 9 and 11, then bought back on Sept. 13 and now holds about 902,200 LIT longs again.

LIT was trading at about $4.567 on Sept. 14, up another 9.85% over the past 24 hours, according to TradingBeats. Measured against the Hyperliquid price of $1.89 when Robinhood Chain’s mainnet went live at 02:00 on July 2, LIT has gained about 141.5%.

Three highlighted addresses are showing about $15.465 million in combined paper gains

TradingBeats said the rally has generated sizable unrealized profit for a group of low-cost large long holders. The three key addresses tracked in this round now hold a combined 7.378 million LIT in long positions, worth about $33.71 million in total, with aggregate unrealized profit of roughly $15.465 million.

  • Address 0x9321… holds about 5 million LIT, the largest position among the three. Its average entry price is about $2.64, and its current unrealized profit stands near $9.634 million.
  • Address 0x016e… holds about 1.6641 million LIT at an average entry of about $2.364, with unrealized profit of around $3.669 million.
  • Address 0x5f94… holds about 714,600 LIT. With an average cost of just $1.5422, it is the lowest-cost position in the group and is currently showing about $2.162 million in paper gains.

0x016e… built its position during the Robinhood cooperation narrative

TradingBeats said the timing of 0x016e…’s accumulation was closely aligned with the Robinhood cooperation narrative. The address bought continuously between July 5 and July 6 and has not reduced the position since then.

Another major address rotated the trade and bought back lower

Outside those three, TradingBeats also highlighted another major address, 0x7e1a…, which recently rotated its position and bought back lower. The address sharply reduced its holdings on Sept. 9 and Sept. 11, locking in about $629,000 in profit, then re-entered on Sept. 13.

It now again holds about 902,200 LIT in long positions, with an average entry price of about $3.76. The position is showing roughly $722,000 in unrealized profit, and a protective stop-loss has been placed at $3.9.

TradingBeats added that its on-chain perpetuals and address analysis tool is now live, supporting real-time Hyperliquid data tracking and address-based whale activity analysis.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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