$LIT SURGES 13% AFTER BURNING 6.3% SUPPLY 🔥
This isn’t just a random pump. LIT just dropped $42M in buybacks and permanently torched 15.6 million tokens — that’s 6.3% of the circulating supply gone. On top of that, the protocol generated nearly $1M in revenue in just 15 days.
Spot netflow hit +$13.5M this week, with $1.24M added in the last 24 hours alone. The whale-retail delta is negative but starting to curl up — meaning small traders have been leading the charge, but big money is starting to sniff around. Open Interest just spiked to $379M with $17.8M in new positions. Price up, OI up, funding positive — textbook long momentum. But retail-driven moves with high leverage can shake out fast if spot buying slows.
Can retail keep this running without whales stepping in harder?
Not financial advice. Always manage your risk.
#LIT #Burn #Altcoin #Breakout #SpotBuying 🔥