2026-01-05 18:21:04

Recently, an interesting move has occurred—a newly created wallet suddenly dumped 2.89 million USD worth of USDC, directly sweeping in nearly 1 million LIT tokens, with a cost basis locked at $2.92.

This operation is quite deliberate. You should know that if a new wallet does this directly, it’s either a big player transferring chips to a new address or a new participant entering the market with real funds. Regardless of the case, such large single buy orders often reflect some market sentiment.

From the trading data, the recent rally of LIT still has support. Large inflows of capital usually bring bullish expectations, but the ultimate market direction still depends on subsequent trading volume and market sentiment. The key is to watch whether the price can hold this level.

LIT0,92%

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MevSandwich

· 01-08 05:03

2.89 million directly into LIT, with a cost of 2.92, tightly controlled. This big investor is serious. If LIT can stabilize this wave, it will depend on whether others continue to follow suit. Even with larger single transactions, retail investors' sell-offs can’t be stopped. I've seen many new wallets doing this kind of operation. If I had known earlier, I would have realized these are all big investors shaking out their positions. The real positive news is still to come.

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MaticHoleFiller

· 01-06 20:55

2.89 million just dares to operate like this? The new wallet directly sweeps the market, either a big shot transferring assets or really new retail investors entering the market. Interesting.

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ProposalDetective

· 01-06 05:02

2.89 million dollars sweeping 1 million LIT in one go? This guy is either a seasoned trader shaking out the market or a wealthy person coming in to buy the dip.

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FunGibleTom

· 01-05 18:49

2.89 million invested all at once, this guy must either truly believe in LIT or be playing tricks with chips to manipulate the market. You need to hold steady at 2.92 for this move to be meaningful; otherwise, it's all for nothing.

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GasFeeNightmare

· 01-05 18:44

2.89 million U swept in one go, this guy really isn't afraid of slippage.

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MidnightTrader

· 01-05 18:42

2.89 million dollars swept in at once, this pace... either a big investor is repositioning, or real money is entering the market, hard to say.

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ReverseTradingGuru

· 01-05 18:31

2.89 million directly sweeping 1 million LIT? With this move, either it's an old fox changing disguises, or a new rookie is really here. If you ask me, such large single transactions are often a signal... gotta watch the market.

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RugpullTherapist

· 01-05 18:31

2.89 million invested directly into sweeping 1 million LITs, this guy really isn't afraid. We'll have to see if he can handle the follow-up.

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