Litentry (LIT)

I checked the top traders on Lighter. 6 of them were all betting on ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2

🧵 https://t.co/W01gzDMhLC

1/

the biggest one is account #192878

>> 24h pnl: +$3.35m
>> all-time pnl: $29.3m
>> holding 9.4m $LIT at $1.27 avg

they also trimmed their btc short and rotated into $LIT

clean trade management

track:
https://t.co/3bynbnYuqG

2/

then there’s account #725687

this one is wild because the account is only 44 days old

almost fully focused on $LIT

all-time pnl: $1.86m
7d pnl: $1.71m

basically a pure $LIT bet, and it’s working

track:
https://t.co/GZK3CScbXM

3/

wallet for #725687:

0x9475e4BFDfADb5cf4cE7cf805044c0db5A8a6f8e

not saying copy anyone blindly

but when a fresh account is this focused and already printing, it’s worth watching closely

https://t.co/nTyBHsWzog

4/

another crazy one is account #620352

>> 24h volume: $47.8m
>> trades: 4,534
>> fees paid: $0

yes, zero fees on that size

on most venues, this kind of volume would quietly eat you alive

track:
https://t.co/Kv4nFaxPgr

5/

this is the part people underestimate about Lighter

zero fees don’t just sound nice

they change trader behavior

➜ losers get more chances to improve
➜ winners keep more upside
➜ high-frequency traders can actually test edges

that’s a real infra advantage

6/

btc short whale also played it clean

they had a 400 btc short around $68.2k

trimmed 100 btc as btc dropped near $63.3k

locked profit, reduced risk, then let the $LIT position run

track:
https://t.co/AW6gqtqIkl

7/

top 5 volume accounts did around $322m in 24h

fees paid: about $10k total

that’s the crazy part

the volume is real, the activity is real, and the fee drag is tiny

this is exactly why traders are paying attention

<<< my takeaway is simple >>>

$LIT is not just pumping because people are shouting about it

some of the highest pnl accounts on @Lighter_xyz are already positioned

and the best part is anyone can track it live

market:
https://t.co/yCXNL1a0RT

Source @Lighterscan