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News linked to both this project and an event.

A whale withdrew 3.79 million LIT (worth $3.55 million) from OKX and Bybit and deposited them into the Lighter Vault

According to Onchain Lens monitoring, a whale withdrew 3.79 million LIT (worth $3.55 million) from OKX and Bybit and deposited them into the Lighter Vault.

A certain account shorted 28 altcoins and CL crude oil, with total profits of $86.36 million but currently facing an unrealized loss of $4.06 million

according to on-chain analyst Ai Yi's monitoring, an account that shorted a basket of altcoins has realized total profits of $86.36 million. Currently, its 29 short positions face a floating loss of $4.06 million. The shorts include 28 altcoins such as ZEC, TON, NEAR, and LIT, as well as CL crude oil, with a total position value of $47.66 million, and the account is still increasing its positions.

CoinW's "On-Chain Smart Money" Tracks Whale Shorting Altcoins for Over $10 Million Profit, Now Supports "Zero-Profit Share" Copy Trading

according to CoinW's "On-Chain Smart Money" monitoring, the on-chain whale "Short Altcoin King" (address: 0xa312114b5795dff9b8db50474dd57701aa78ad1e) has been earning substantial profits by continuously shorting LIT and other altcoins and meme coins. Platform data shows that this whale has realized profits of $3.19 million and $2.11 million on LIT and ASTER respectively, with total cumulative earnings reaching $10.44 million over the past 90 days.It is reported that CoinW's "On-Chain Smart Money" now supports copy trading for this address, allowing users to copy trades with "zero profit sharing."Risk Warning: The above information is compiled based on historical on-chain data and does not constitute any investment advice or profit promise. Digital asset trading carries high risks; past performance does not guarantee future returns. Users should make cautious decisions based on their own risk tolerance.

Dragonfly Receives $55.8 Million Worth of LIT Tokens, Locked Until December 2026

According to on-chain analytics platform Arkham (@arkham), Dragonfly received 55.8 million LIT tokens from Lighter. If these tokens represent investor allocations, they will be locked for one year starting from the TGE and then linearly vested over three years, with the earliest possible circulation date being December 30, 2026.