2026-01-01 19:28:14

Someone's already accumulated around 33 million worth of $LIT tokens. With that kind of capital, looks like a full 200m buyback isn't out of the question—pretty typical play for token recirculation if you ask me.

LIT0.71%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

19 Likes

Reward
19
7
Repost
Share

Comment

0/400

CountdownToBroke

· 18h ago

33m just to move 200m in buyback? Come on, I'm tired of this explanation.

View OriginalReply0

DoomCanister

· 20h ago

Wow, 33 million directly invested in, they're definitely going all in on this game.

View OriginalReply0

TokenEconomist

· 20h ago

actually, let me break this down—33m in holdings doesn't necessarily equal buyback capacity when you factor in liquidity constraints and slippage dynamics, ceteris paribus. the "typical play" framing is kinda glossing over the actual mechanics here tbh

Reply0

ThatsNotARugPull

· 20h ago

This guy still dares to play like this with 33 million in hand. A 200 million buyback is really a bit aggressive, a classic move in the crypto world.

View OriginalReply0

0xSleepDeprived