This entity deposited ~$5M USDC into LLP around 9 months ago, split across 5 wallets, and received 9,999,999.60 LIT from the airdrop (~$26M) - a perfectly round number. This excludes LLP yield, which adds another $1–2M in returns.
This represents 1% of total supply and ~4% of circulating supply.
They used 5 different clusters and consistently split the LIT evenly across 5 wallets.
Of the 9,999,999.60 LIT (~$26M) received, 2,760,232.88 LIT (~$7.18M) has already been sold since TGE.
Check the screenshot for the full wallet list and supporting data.
Main wallets used to deposit into LLP:
0x30cD78B301192736b3D6F27Bdad2f56414Eb6164
0x9A6D9826742f1E0893E141fe48defc5D61866caD
0x7c5d228B0EB24Ad293E0894c072718430B07Dfe3
0xc0562d68b7C2B770ED942D28b71Bc5Aa0209bbee
0xfdBf615eC707cA29F8F19B7955EA2719036044bf
It's an embarrassingly bad take to suggest the AF should be, or was ever, intended to double as an insurance fund.
This suggestion would be the same as advising people not to have home insurance, just take a home equity loan if you ever need to pay for damages 🤡
Clearly you weren't around for $LUNA. It's by good luck (and I suppose good opsec) that it hasn't imploded $AAVE. It'd be disastrous for $HYPE.
I don't even agree that it could/should be $BTC. Once again, see $LUNA.
It should only ever be a coin that would remain stable during a black swan event. Like, a stablecoin.
Sorry just so I understand this right
Lighter is built on zk proofs, backed by Ethereum security guarantees, everything is finalized and non reversible
And they somehow cascaded HYPE to $100, liquidated people on the way down, and just... deleted the candle from existence?
@DegenerateNews they deleted the wick and now pretending that its a good thing that no one got liquidated @hansolar21 is lighter dex or cex man ? if you can clean up the charts then why not nullify the orders at that time too ? @Lighter_xyz@vnovakovski ?