LIT Address Deposits 475,000 Tokens, Estimated $1.51M Profit if Liquidated

A single address has deposited 475,000 LIT tokens into LIT. If all tokens are liquidated, the estimated profit would be around $1,512,000 (approximately KRW 207 billion). On July 17, Odaily cited on-chain analyst Ai 姨's monitoring, stating that the address purchased 475,000 LIT tokens at an average price of $1.56 per token three months ago. The address previously withdrew approximately $2.257 million (about KRW 309 billion) worth of LIT from Bybit in June. On July 17 at 1:15 PM, it deposited all holdings into LIT at a price of $4.75 per token. Based on the purchase price and deposit price, the holding profit rate is calculated at 204%. Assuming all 475,000 tokens are sold at $4.75 each, the sale amount would be approximately $2.256 million (about KRW 309 billion). After deducting the initial purchase cost of around $741,000 (approximately KRW 102 billion), the profit is estimated at about $1,512,000.

However, the deposit to the exchange does not necessarily mean immediate liquidation. It remains unconfirmed whether the tokens have been actually liquidated after being transferred to LIT. The actual profit amount may vary depending on the selling price, transaction fees, and market fluctuations during execution.