According to ChainCatcher, data from Onchain Lens shows that a newly created address, only seven days old, has already deposited a total of $4 million in USDC into the Lighter platform. Using an average price of $2.96, the address purchased 1,285,010 LIT tokens, valued at approximately $3.8 million. The address currently holds around $194,000 in USDC, suggesting it may continue to increase its LIT holdings.
New Wallet Invests $4M in 7 Days to Buy 1.285M LIT Tokens
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Summary
A new wallet has invested $4 million in USDC over seven days to purchase 1,285,010 LIT tokens on Lighter, averaging $2.96 per token, for a total of $3.8 million. The wallet still holds $194,000 in USDC, suggesting potential new token listings or additional purchases. This activity could impact cryptocurrency price news as the wallet remains active.
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