$LIT Is Running Again ⚡ It jumped as much as 18% after a week-long correction, pushing Lighter back above a $1B market cap. Lighter is a perpetual DEX built around an onchain order book, so the move is also interesting in the context of the current perp-DEX race... A few things lined up at once: 💡 Lighter integrated with Circle’s Arc, giving users a direct route from the new network into the DEX. Arc itself went live on September 16 with 100+ institutional and ecosystem builders. 💡 whale-linked wallets accumulated roughly 979K LIT, worth about $4.24M 🐳 💡 price rose while Open Interest fell, suggesting short covering contributed to the rally rather than fresh longs doing all the work. My 4H chart now has $LIT around $4.95, slightly above the upper Bollinger Band at ~$4.91. That puts the previous $5.31 high back in sight, while the mid-band around $4.43 is the level I’d watch if momentum cools 📊 That combination of network growth, accumulation and technical momentum gives the move a bit more substance - and a better chance of stabilizing near current levels. #Altcoin Season# #Macro Insights#
