📊 At the beginning of 2026, Justin Sun made a bold move:
- Withdrew ~$38M USDC from the Lighter Liquidity Protocol (LLP)
- Bought 13.25M LIT tokens for ~$33M
- Now controls >5% of the circulating supply
💡 Important: This refers to LIT (Lighter) — the new DeFi token, not the old Litecoin (LTC).
⚡️ Context:
- LIT launched in December 2025, FDV ~$2.6B
- The price is holding around $2.60, market cap ~$649M
- San's concentration may increase volatility
❗️ Conclusion: San's large bet is a signal of confidence in Lighter, but risks are high.
#lighter #JustinSun #DeFi #BinanceSquare #Crypto2026
LITUSDT
Perp
0.844
-1.86%