It seems that a leading exchange has learned a lesson from $hype — don't let the opponent become too strong. This time, they are very active on $lit. Interestingly, despite 66 million in liquidity and a price level of around 3.2, no whales are willing to take on this wave. The logic behind this is worth pondering. Market participants seem to be observing, waiting for clearer signals. The lack of liquidity itself is a signal.