Whale whales continue to increase their holdings of LIT, with $4.03 million USDC ready

TokenRationEater · 2026-01-19T09:08:52+00:00

On December 31, a large wallet address deposited $4.03 million USDC and used $3.8 million to purchase 1.63 million LIT, with an average entry price of $2.33. This address still has 227,099 USDC idle, indicating a possible intention to increase holdings. Currently, the LIT price has fallen back to $1.74, and the continued accumulation by large holders may suggest market confidence. Monitoring their subsequent actions is necessary.

TokenRationEater

2026-01-19 09:08:52

Abstract generation in progress

On-chain data shows that on December 31st, a large wallet address increased its position in the Lighter ecosystem, depositing $4.03 million USDC onto the trading platform, and then building a position of 1.63 million LIT tokens at a cost of $3.8 million, with an average transaction price of approximately $2.33.

Whale Operation Details

This wallet currently still holds 227,099 USDC idle. From a capital allocation perspective, the large holder has not gone all-in at once. This phased deployment strategy often indicates plans to continue accumulating in the future.

Price Benchmark

It is worth noting that the current trading price of LIT has fallen back to $1.74, a roughly 25% decrease from the average purchase price of $2.33 during whale accumulation. Such price retracements often attract more on-chain large investors to add to their positions, and their idle funds suggest they may continue to buy at lower prices.

Market Signal Interpretation

From on-chain data, the continuous accumulation by large investors generally indicates optimism about the project’s medium-term prospects. Maintaining an increasing position during a price correction often serves as a contrarian market signal. Continued attention should be paid to the movements of this address and whether it will further deploy at current low levels.

LIT5,42%

USDC-0,01%

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