Major trading activities by Justin Sun continue to attract attention from the blockchain community. Blockchain data from Chainthink shows that this well-known investor has just made a series of notable moves by injecting $200 million into Lighter LLP.
Specifically, on December 30, Justin Sun withdrew 5.2 million USDC from his wallet to allocate these resources into strategic investments. Of this, approximately $4.65 million was redirected to purchase 1.66 million LIT tokens — a move that demonstrates Justin Phan’s interest in the potential of the Lighter project.
Currently, the LIT price is trading at $2.19, reflecting recent market developments. After these transactions, his spot wallet still holds about 1.2 million USDC, indicating a fairly tight capital management plan.
This activity reflects a broader trend in the current crypto community — notable trading movements by large holders often influence market sentiment and the direction of blockchain projects.
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New Investment Trend: Justin Sun Invests 200 Million USD in Lighter, Buys LIT Token
Major trading activities by Justin Sun continue to attract attention from the blockchain community. Blockchain data from Chainthink shows that this well-known investor has just made a series of notable moves by injecting $200 million into Lighter LLP.
Specifically, on December 30, Justin Sun withdrew 5.2 million USDC from his wallet to allocate these resources into strategic investments. Of this, approximately $4.65 million was redirected to purchase 1.66 million LIT tokens — a move that demonstrates Justin Phan’s interest in the potential of the Lighter project.
Currently, the LIT price is trading at $2.19, reflecting recent market developments. After these transactions, his spot wallet still holds about 1.2 million USDC, indicating a fairly tight capital management plan.
This activity reflects a broader trend in the current crypto community — notable trading movements by large holders often influence market sentiment and the direction of blockchain projects.