Market Analysis
Bullish
LIT Address Deposits 475,000 Tokens to Lighter, Average Buy Price at $1.56

A single wallet address has reportedly deposited all 475,000 LIT tokens to Lighter (Lighter), according to PANews citing 'Ai이모' on July 17. The source indicated the address accumulated LIT at a three-month low and could realize approximately $1.51 million in profit upon full sale. The average purchase price was around $1.56 per token.
The tokens were withdrawn from Bybit in June 2026, valued at roughly $2.26 million (about 3 billion KRW) at that time, with the deposit price estimated at $4.75 per token. The three-month holding period yielded an approximate return of 204%.
Korean Source
This article is an English localization of a Korean-language crypto news report. Original headline: LIT 47만5000개 라이터 입금…평균 매수가 1.56달러