Crypto KOL Jez deposited 908,000 USDC to buy LIT, now holding 1.1 million LIT.

This article is machine translated
Show original

Cryptocurrency KOL Jez deposited 908,412 USDC into his Lighter wallet to buy more LIT, bringing his total holdings to 1,109,196 LIT, worth approximately $2.8 million.

The move, recorded on January 3rd according to on-chain monitoring data from Onchain Lens, shows large-scale LIT accumulation activity across multiple wallets.

MAIN CONTENT
  • Jez deposited 908,412 USDC into his Lighter wallet to buy more LIT.
  • Jez currently holds 1,109,196 LIT across two wallets.
  • The estimated value of the LIT portfolio is approximately $2.8 million.

USDC deposit transaction and purpose: to purchase LIT

Onchain Lens recorded that Jez sent 908,412 USDC to the Lighter wallet to purchase more LIT.

The USDC deposit is described as being intended to purchase additional LIT, indicating an intention to increase the position rather than engage in short-term trading. The record only states the deposit action and the objective, without providing the purchase price, the execution time, or the volume of additional LIT purchased after the deposit.

The data, released on January 3rd, highlights how tracking on-chain flows can reflect the accumulation trends of influential accounts in the cryptocurrency market.

LIT holding size and estimated value

Jez currently holds 1,109,196 LIT across two wallets, with a total value of approximately $2.8 million.

The allocation across two wallets suggests a multi-address asset management strategy, but the original content doesn't specify the exact wallet addresses or the proportion of each wallet. The figure of 1,109,196 LIT is the total, reported as the current holding level.

The valuation of $2.8 million reflects the value at the time of recording, but the source did not provide the valuation methodology, the LIT price at the time of calculation, or subsequent fluctuations. Key data includes: 908,412 USDC deposited into Lighter and 1,109,196 LIT held.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments