Cumberland: $6.94M LIT Deposited to OKX and Bybit

Cumberland sent 2M LIT tokens valued at $6.94M to OKX and Bybit across four 500K transfers from address 0x091D1C972cb1648537a2Ba78eaBa371b1cE18336, signaling likely selling on behalf of a client.

Price action on the 4h chart shows LIT trading at $0.74 below both the EMA50 at $0.77 and EMA200 at $0.79, confirming the bearish trend structure while the MACD death cross at -0.03 adds downside pressure. With RSI at 47.01 remaining neutral and price inside the Bollinger Bands, the next volatility exhaustion target sits at the upper band of $0.81 or a retest of lower support at $0.69. Traders updating LIT price prediction models now factor in this exchange inflow against broader crypto market crash risks and any secondary AI industry impact on token flows.