Markets· ★★· bearish·

Whale deposits 475K LIT to Lighter exchange, potential $1.51M profit

  • —The whale bought 475,000 LIT at $1.56, worth $741,000, three months ago
  • —On September 17 it moved all tokens to Lighter at $4.75, worth $2.26 million
  • —Potential profit is $1.51 million, a 204% return
  • —It previously withdrew $2.257 million worth of LIT from Bybit in June
Why it matters: A large transfer to an exchange often precedes a sale and could add pressure on the LIT price.
#LIT
Source: TokenPost
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