This wallet has continuously withdrawn staked LIT from the Lighter protocol over the past four days, transferring the funds in batches to OKX and Bybit deposit addresses. It has累计 withdrawn approximately 816,700 LIT, of which 602,200 LIT has been transferred to exchanges, with a total value of about $2.88 million. Before each large transfer, 5–10 LIT are used for testing, indicating a planned exit operation.
Currently, this address still has about 1,622,000 LIT (about $7.89 million) staked on Lighter. If the staked balance continues to decline, it will be viewed as a continued withdrawal signal; if the balance remains stable at 1,622,000 LIT, it will only be considered position trimming. $LIT
Currently, this address still has about 1,622,000 LIT (about $7.89 million) staked on Lighter. If the staked balance continues to decline, it will be viewed as a continued withdrawal signal; if the balance remains stable at 1,622,000 LIT, it will only be considered position trimming. $LIT
