News linked to both this project and an event.
According to on-chain analyst Onchain Lens (@OnchainLens), over the past 24 hours, the whale address 0xed4 deposited 5,532 ETH—worth approximately $13 million—into HyperLiquid for selling purposes. Meanwhile, this address has closed its 20x ETH short position on HyperLiquid but still maintains a 20x ETH short position on Lighter.
According to on-chain analytics platform Arkham (@arkham), Dragonfly received 55.8 million LIT tokens from Lighter. If these tokens represent investor allocations, they will be locked for one year starting from the TGE and then linearly vested over three years, with the earliest possible circulation date being December 30, 2026.