A whale wallet just deposited additional USDC into Lighter. The objective is reportedly to expand its holdings of LIT ahead of its anticipated bull run. HoweverA whale wallet just deposited additional USDC into Lighter. The objective is reportedly to expand its holdings of LIT ahead of its anticipated bull run. However

Whale Wallet Deposits Additional USDC to Expand LIT Holdings, Price Rally Ahead?

  • A whale wallet has deposited USDC worth $2 million into Lighter, possibly to purchase more LIT.
  • This comes after $4.03 million worth of USDC were transferred into Lighter.
  • LIT is trading at $2.69, up by 8.36% over the past 24 hours.

A whale wallet just deposited additional USDC into Lighter. The objective is reportedly to expand its holdings of LIT ahead of its anticipated bull run. However, projections show possible corrections for the next 3 months. The wallet now holds more than 2 million Lighter tokens.

USDC Into Lighter for LIT

A whale wallet recently executed two transactions wherein they transferred USDC to Lighter to expand LIT holdings. Total holdings stand at 2.45 million for the collective value of approximately $6.03 million. The individual price comes to around $2.46 in 2 days.

The first transaction saw the whale wallet transfer USDC worth $4.03 million into Lighter. Almost $3.8 million was spent to accumulate 1.63 million LIT at an average price of $2.33. It was speculated that the whale wallet would buy more Lighter tokens. The wallet has deposited additional USDC worth around $2 million, and it could soon purchase LIT at the applicable price.

LIT Current Price

LIT is currently exchanging hands at $2.69, up by 8.36% over the past 24 hours. The token has also surged slightly by 0.66% in the last 7 days. Its 24-hour trading volume has dipped by 18.08% to around $21.58 million.

Source: CoinMarketCap

Notably, its ATH and ATL came on the same date, that is on December 30, 2025. The token peaked at $4.04 and went as low as $2.30 before ending the year. It is now down by 33.59% from ATH and up by 16.77% from ATL. The average LIT price for the whale wallet seems to be well above the ATL at the moment.

LIT Price Projection

LIT price projection for the next 3 months estimates a correction between 22.07% and 20.55%. The monthly decline could take the value to around $2.05, followed by a further decline to $2.09 by March-April 2026.

Overall sentiments are bullish – likely to be evaluated in detail as the token spends more time in the market. It has seen 2 green days in the last 3 days despite the FGI of 20 points. The long-term projection draws the trajectory for a growth of 115.74% by the end of December 2026. Surge may commence from September 2026 with an aim to surpass $2.80.

Highlighted Crypto News Today:

Jupiter Launches Mobile V3 With Native Pro Trading Tools

Market Opportunity
Ambire Wallet Logo
Ambire Wallet Price(WALLET)
$0,01664
$0,01664$0,01664
+%0,18
USD
Ambire Wallet (WALLET) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Fed Decides On Interest Rates Today—Here’s What To Watch For

Fed Decides On Interest Rates Today—Here’s What To Watch For

The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Share
BitcoinEthereumNews2025/09/18 00:23
US Dollar Index rises above 98.50 on US-Venezuela tensions, eyes ISM PMI data

US Dollar Index rises above 98.50 on US-Venezuela tensions, eyes ISM PMI data

The post US Dollar Index rises above 98.50 on US-Venezuela tensions, eyes ISM PMI data appeared on BitcoinEthereumNews.com. The US Dollar Index (DXY), which measures
Share
BitcoinEthereumNews2026/01/05 12:29
The Role of Reference Points in Achieving Equilibrium Efficiency in Fair and Socially Just Economies

The Role of Reference Points in Achieving Equilibrium Efficiency in Fair and Socially Just Economies

This article explores how a simple change in the reference point can achieve a Pareto-efficient equilibrium in both free and fair economies and those with social justice.
Share
Hackernoon2025/09/17 22:30