Justin Sun acquired $33 million in LIT, owning 5.32% of the market cap.

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Tron (TRX) founder Justin Sun withdrew $38 million from the $200 million he had deposited in the decentralized perpetual futures exchange (Perp DEX) Lighter, using $33 million to purchase a total of 13.25 million LIT, according to on-chain analyst MLM. This represents 1.33% of the total LIT supply, or approximately 5.32% of the circulating supply. Sun previously purchased 1.66 million LIT using 5.2 million USDC late last year. According to CoinMarketCap, LIT is currently trading at $2.58, down 5.72%.

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