New address invests 2.89 million USDC in one go to buy the dip of LIT. What game is being played on the scene?

【Crypto World】On-chain data shows that a recently created wallet address has been very active lately.

This address injected $2.89 million USDC into a certain DEX platform in one go, then heavily bought LIT at a price of $2.92, accumulating nearly 1 million tokens. Such large-scale entry by a new address often indicates either institutional testing of market depth or some major players quietly building a position with a small account.

In terms of trading volume, this order’s liquidity absorption capacity is not weak. Interestingly, in the current environment of significant market volatility, some people are still willing to go all-in on a project, indicating a positive outlook for LIT’s future. The subsequent movements of this address are worth monitoring continuously.