$HYPE and $LIT have both completely wiped out their 2026 rally gains at this point. Notable airdrop farmers recently liquidated their Lighter positions in size, while HyperLiquid is also seeing sustained selling pressure from major holders. That said, both projects maintain solid fundamentals in the broader crypto landscape. $LIT looks particularly compelling on dips given its current positioning and long-term potential.

HYPE-3.11%

LIT-0.09%

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WalletWhisperer

· 01-15 15:20

Once again, a big rug pull show, and the farmer guys have run away.

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Layer3Dreamer

· 01-13 23:23

theoretically speaking, if we map the liquidation cascade of these airdrop farmers onto a recursive SNARK framework... the selling pressure actually mirrors what vitalik outlined about state finality across rollups. $LIT's dip here isn't noise—it's cross-chain arbitrage inefficiency bleeding through layer2 bridges. beauty is in those moments ngl

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DaoResearcher

· 01-13 11:53

According to on-chain data, the 2026 gains of $HYPE and $LIT have been completely wiped out. This actually reflects the fragility of the Token Weighted Voting mechanism—whale cash-outs essentially serve as concrete evidence of governance power imbalance.

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LightningWallet

· 01-12 22:30

Farmers fleeing, the game of the big players taking over is happening again

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HodlOrRegret

· 01-12 15:50

Damn, it's dropped back again, and the farmers have all left...

Wait, can LIT really be bottomed out at this level?

How come there are still people holding HYPE?

Is this a shakeout or is it really over? Who will tell the truth?

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DataBartender

· 01-12 15:48

Look, it's another round of a leek-cutting show. The farmers have run away.

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GetRichLeek

· 01-12 15:45

Here we go again, I knew it would turn out like this... This morning, everyone was praising how strong $LIT's technicals are, and now it's just retracing? The big players have been taking profits wave after wave, and us workers are really just one stroke of luck away from getting rich.

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DegenDreamer

· 01-12 15:42

This drop is too brutal, all the farmers are dumping their holdings...

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ChainSpy

· 01-12 15:40

The farmers ran away, and you're only now realizing the fundamentals are still pretty good? That's hilarious.

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CounterIndicator

· 01-12 15:37

The farmer ran away after the harvest, I really can't hold it anymore haha