Lighter's LIT hits three-week high as whale accumulation tops 3.91 million tokens

Lighter's LIT climbed to a three-week high of $2.4, up 9.23%, as daily trading volume rose 53% to $49 million. The rally comes after sustained buying by wallet 0x7378...1ca6, identified by Lookonchain as an Ethereum OG whale, which spent $9.1 million over the past two months to accumulate 3.91 million LIT at an average price of $2.33. Traders often watch this kind of large-holder accumulation for clues about conviction and whether available token supply may be tightening.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.