New wallet big move: $2.89 million USDC invested in Lighter, sweeping in millions of LIT tokens

LiquidityWitch · 2026-01-05T16:00:13+00:00

Recently, a new wallet invested $2.89 million USDC into the Lighter platform and purchased a large amount of LIT tokens at a price of $2.92. This move has attracted attention, and investors are speculating whether their intention is to favor the long-term potential of LIT or to capitalize on short-term market movements. The activity of large funds often has a significant impact on the market.

LiquidityWitch

2026-01-05 16:00:13

Abstract generation in progress

【Crypto World】Interesting things are happening again. On-chain data monitoring services have discovered that a new wallet recently made a big move — it dumped 2.89 million USD worth of USDC into the Lighter platform in one go, then bought 991,458 LIT tokens at a price of $2.92 each.

The new wallet made a high-profile entrance, using such a decisive approach to build a position all at once. What are the considerations behind this? Is it optimistic about LIT’s long-term potential, or is it betting on a short-term market move? From the data, the scale and pace of this transaction are quite noteworthy. After all, in this market, large transactions often cause quite a stir.

LIT-5%

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LayoffMiner

· 01-08 03:02

Another big investor is entering the market, throwing in 2.89 million, not afraid at all. Is LIT about to take off or get trapped? We'll see in the end. This kind of one-time position building—either institutional bottom-fishing or a gambler's mentality. Anyway, I can't understand it. Why do some people always like to operate so ostentatiously? Aren't they afraid of attracting attention? I just want to know what this brother is thinking right now—whether he's confident in LIT or just following the trend. This new wallet's move was so aggressive. Where was it before? This order feels a bit exciting, but in this market, it's nothing new. 2.89 million, I earn less than that in a year. Respect. Whether LIT can hold this wave of funds depends on whether it can develop an independent trend afterward. I wish I had followed in earlier, but I was too slow to react. This operation style looks like an old hand; the new wallet label might just be superficial.

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CommunityLurker

· 01-07 16:06

2.89 million dollars in one shot, this pace... Either an expert or a gambler, let's see how LIT performs.

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DuskSurfer

· 01-06 16:57

This move of sweeping in a million tokens at once is not something retail investors can do. Either this guy has been secretly accumulating LIT for a long time, or he's heard some inside information, and his timing is spot on. He invested 2.89 million in one go, and I just want to know if others will follow suit... By the way, large-scale positions like this usually can't be played as short-term trades; it's mostly a bet that Lighter will take off. I'm optimistic about this wave, but the premise is that the project itself can withstand subsequent scrutiny.

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AirdropLicker

· 01-05 16:30

2.89 million投入，这手笔真不小，How did LIT suddenly become so popular? --- A new wallet scans a million coins at once. Is there an insider story or is it just confidence? It depends on the subsequent trend. --- I've seen many such large-scale position building. Usually, afterward, it either takes off or a bag-holder appears. --- Scanning so much LIT, isn't it just a project team playing itself? --- A quick move of 2.89 million, very bold. Either making a killing or becoming a leek, no middle ground. --- Interesting. Will this wave boost the popularity of LIT? I'm watching closely. --- A new wallet dares to do this? With such a large amount of funds, there must be some trick behind it. --- When did LIT become so hot? Why haven't I heard about it before? --- Buying 9.91 million coins in one go. How badly would you have to lose to make up for that? --- The scale looks fierce, but who in this market still dares to say they can make money? It all depends on luck.

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SchrödingersNode

· 01-05 16:30

2.89 million went in and was gone in an instant. How much do you believe in LIT, or is it just a simple gamble on the market trend?

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TideReceder

· 01-05 16:30

Wow, $2.89 million all-in on a single bet. This guy is really ruthless—either a big shot or a gambler, no middle ground.

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GasFeeCrier

· 01-05 16:29

2.89 million directly invested in, how much do you have to believe in LIT? It's either an IQ tax or insider information.

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ContractBugHunter

· 01-05 16:26

They are all new wallets. Is this time real gold and silver, or are they going to cut the leeks again? The price of LIT is indeed a bit attractive, but I don't know how many zeros it will drop later... 2.89 million tokens bought in one go, either a big player sees through it or they are here to harvest, anyway I will wait and see first. This rhythm... feels like testing the waters, the real big move hasn't come yet. Just looking at the initial position without follow-up, I suspect this is a prelude to shorting. 9.91 million LIT tokens, that must be very optimistic, or they just don't really believe it and are just testing the bottom price. New wallets usually aren't good news, they are basically the aliases of some big shots. This price level isn't expensive to enter, feels like there's profit to be made. Another large single order, I'm tired of this routine. I just want to know if this wallet will continue to add positions later, that’s the key.

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LiquiditySurfer

· 01-05 16:12

$2.89 million for a single shot, this guy really dares to do it. Is LIT about to take off or is it another sucker stepping in?

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