Whale accumulation signals bullish outlook for LIT

The OG ETH whale that has been accumulating LIT bought another 1 million LIT last week (and 100k today) and is now up to 4.27m units. The wallet holds 1.83% of the circulating supply purchased at an average price of ~$2.31. There's still $3m USDS sitting in the wallet and another $49.7m deposited in the Sky Savings Rate. While it's unclear how much of the USDS in the Savings Rate is intended for LIT purchases, $5.5m USDS was withdrawn August 5th so it's not unreasonable to think that more of this will be used in the future. Address: 0x73781209f3b0f195d0d3fa9d6b95bb61c54c1ca6