【BitPush】On-chain monitoring data shows that Justin Sun (address 0xD6C…0116) has recently made significant moves in the LIT ecosystem. He first deposited about $200 million into the LLP smart contract, then began to withdraw in batches, currently having taken out approximately $38 million. The majority of this fund—about $33 million—was used to purchase 13.25 million LIT in one go.
This purchase scale is quite substantial. The 13.25 million LIT accounts for 1.33% of the total supply of the project, and its proportion in the circulating supply has reached 5.32%. This indicates that this whale player still holds considerable influence in the LIT market.
It is worth noting that he currently still has about $5.5 million in balance in the LLP. From this series of operations, it is clear that this is not a one-time random transaction, but a strategic move planned in advance. The actions of such large holders often reflect the true attitude of market participants towards certain projects.
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Degen4Breakfast
· 01-04 11:04
Brother Sun is starting to show off again, and his moves are truly impressive... Saying you can take 5% of the circulating supply whenever you want, I just want to know if there's a backup plan coming next.
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BearMarketMonk
· 01-03 17:48
Brother Sun is up to what tricks again, holding 5.32% of the circulating supply, is he trying to control the rhythm?
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HalfPositionRunner
· 01-02 17:14
Bro, this move is really big; 5.5 million is still in there, and there's more to come.
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TokenVelocityTrauma
· 01-01 11:33
Brother Sun, this move is really brilliant, directly consuming 5% of the circulating supply. Is this to gain the right to speak for LIT?
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ChainMelonWatcher
· 01-01 11:32
Brother Sun is causing a stir again, this time directly spending 33 million dollars to sweep LIT. Nice pace!
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GasFeeCrybaby
· 01-01 11:26
You're trying to harvest the little guys again. Brother Sun's move looks like building a position. When can we retail investors get on board?
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NFTRegretter
· 01-01 11:26
It's another move by Sun哥, is he trying to become the big whale for LIT this time? With 5% of the circulating supply in hand, he's aiming to lock the market down.
Justin Sun makes a big move in LIT, a single operation reveals whale activity
【BitPush】On-chain monitoring data shows that Justin Sun (address 0xD6C…0116) has recently made significant moves in the LIT ecosystem. He first deposited about $200 million into the LLP smart contract, then began to withdraw in batches, currently having taken out approximately $38 million. The majority of this fund—about $33 million—was used to purchase 13.25 million LIT in one go.
This purchase scale is quite substantial. The 13.25 million LIT accounts for 1.33% of the total supply of the project, and its proportion in the circulating supply has reached 5.32%. This indicates that this whale player still holds considerable influence in the LIT market.
It is worth noting that he currently still has about $5.5 million in balance in the LLP. From this series of operations, it is clear that this is not a one-time random transaction, but a strategic move planned in advance. The actions of such large holders often reflect the true attitude of market participants towards certain projects.