Crypto Whales Execute Major Position Rebalancing on December 30; Hyperliquid LIT Short Reaches Record Size

On December 30, major crypto whales rebalanced positions between 10:00 and 21:00 UTC, according to HyperInsight. A BTC OG whale deposited 112,894 Ethereum worth about $332 million to Binance, while Huang Licheng expanded a 25x ETH long to 8,500 ETH and set take-profit targets at $2,980. Another whale closed a 40x 150 Bitcoin long (~$13.18 million), and address 0x94d37 exited $271 million in shorts at a $180,000 loss. A new 1x Lighter short backed by 4.35 million USDC also became the largest on-chain LIT short on Hyperliquid.