A wallet created 7 days ago deposited $4 million USDC into Lighter and purchased 1,285,010 LIT at an Medium price of $2.96, totaling approximately $3.8 million.
According to on-chain tracking, this wallet still has approximately $194,000 USDC and is expected to continue accumulating LIT in the near future.
- A new wallet deposited 4 million USDC into Lighter 7 days ago.
- We purchased 1,285,010 liters at an Medium price of $2.96, worth approximately $3.8 million.
- I still hold approximately $194,000 USDC, and I could buy more LIT.
LIT cash flow and transactions on Lighter
A new wallet address has launched a large-scale LIT purchase strategy after depositing $4 million USDC into the Lighter platform.
on-chain data shows that this address purchased 1,285,010 LIT Token at an Medium price of $2.96. The total value of the position is estimated at approximately $3.8 million, reflecting rapid disbursement within just 7 days of the wallet's creation.
After the transactions, the wallet currently holds approximately $194,000 USDC. The fact that the USDC remains unused indicates that the investor may continue to increase their LIT position, depending on price movements and liquidation on Lighter.
Implications for on-chain tracking.
The scale of purchases and the short wallet age make this address a noteworthy watchlist for LIT in the short term.
If the wallet continues to use the remaining USDC to buy more LIT, additional demand may appear in subsequent sessions. However, current information only confirms: 4 million USDC has been deposited, 1,285,010 LIT has been purchased at $2.96, and the remaining USDC balance is approximately $194,000.
