An address identified as smart money (0xa23...CF98) built a position of 475,000 LIT three months ago at an average cost of $1.56. In June 2026, it withdrew LIT valued at $2.257 million from Bybit, according to on-chain analyst Ai Yi. Five hours ago, the address deposited all of the tokens to Lighter at $4.75 each, producing a reported return of 204% over the three-month holding period. If the position is fully liquidated, the address is estimated to realize a profit of $1.512 million.