2026-01-01 13:23:42

A recent transaction has attracted market attention. A major wallet deposited $200 million into an exchange and then gradually withdrew $38 million. Seems like a simple deposit and withdrawal? Not really.

On-chain data reveals the true intention — of the $38 million, approximately $33 million was used to buy 13.25 million LIT tokens. How outrageous is this number? It accounts for 1.33% of the total LIT supply, with the circulating supply reaching 5.32%. Currently, this address still has $5.5 million idle.

This is not just a simple money swap, but a shift from capital form to chip form. When a single address controls more than 5% of the circulating supply in a short period, the market’s focus shifts — no longer on short-term price fluctuations, but on who is gradually gaining pricing power.

Is this an early layout or the beginning of a new narrative? We can only observe for now. But one thing is certain: such a level of chip accumulation is enough to influence subsequent market expectations.

LIT9,63%

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FOMOSapien

· 10h ago

Wow 5.32% circulating supply? This guy really isn't afraid of a dump.

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StillBuyingTheDip

· 10h ago

Wow, 5.32% of the circulating supply? This guy really wants to control the rhythm.

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TokenStorm

· 10h ago

5% of the circulating supply, this guy is serious, I just went all in --- Another story of chip accumulation, every time claiming it’s enough to influence expectations, and what’s the result? Still being countered and harvested --- On-chain data is so clear, 5.5 million still idle, will there be continued ambushes later, that’s the real question --- But speaking of which, controlling the market to this level really changes the game rules, the risk factor is skyrocketing --- I just want to know if this address is an institution or an individual, once the identity is confirmed, the entire logic flips --- Looks like a very professional layout, but the real test is ahead, still in the eye of the storm --- If I had known it was played like this, I would have saved money and invested, but now I can only watch on-chain data gather dust --- Who holds the pricing power? Basically, it’s a gamble that they won’t run away, pretty exciting

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