According to on-chain data monitoring, a prominent individual recently deposited approximately $200 million on an exchange and then carried out a series of operations in stages through a single wallet — first withdrawing about 5.2 million USDC, then using part of the funds to buy 1.66 million LIT tokens (currently valued at approximately $4.65 million). Interestingly, there are still about 1.2 million USDC sitting idle in their spot account. This staged approach is common in whale operations and often hints at a clear prediction of the market's future direction. Considering the scale and pace of these actions, it's hard not to speculate about the underlying intentions.
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NFT_Therapy_Group
· 6h ago
Playing the batch accumulation game again, are whales really that patient?
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Haven't moved 1.2 million USDC? What are you waiting for, there's more drama coming?
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This tactic... feels like it's paving the way for something
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LIT being swept so much, it’s quite interesting
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The reason behind the batch layout is nothing more than fear of overextending in one go, smart people can see through it
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Really treating 200 million as pocket money, huh
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LiquidationSurvivor
· 7h ago
Wow, what a move. 1.66 million LIT swept in, leaving 1.2 million USDC to watch the show. Truly a seasoned fox.
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airdrop_whisperer
· 7h ago
Oh no, it's the same old trick again—building positions in batches, holding some USDC, clearly waiting for the right wind direction.
According to on-chain data monitoring, a prominent individual recently deposited approximately $200 million on an exchange and then carried out a series of operations in stages through a single wallet — first withdrawing about 5.2 million USDC, then using part of the funds to buy 1.66 million LIT tokens (currently valued at approximately $4.65 million). Interestingly, there are still about 1.2 million USDC sitting idle in their spot account. This staged approach is common in whale operations and often hints at a clear prediction of the market's future direction. Considering the scale and pace of these actions, it's hard not to speculate about the underlying intentions.