LIT: 3.9M Tokens Deposited to OKX After Unstake
On-chain monitoring from @EmberCN flagged an address that unstaked 3.9 million LIT two days ago and sent the full amount, valued at $12.21 million, to OKX and additional centralized exchanges within the last half hour.
SourceAnalysis
@EmberCN reported that one wallet unstaked 3.9 million LIT tokens two days ago and transferred the entire position, worth $12.21 million, into OKX and other CEX wallets thirty minutes ago.
Price action on the 4h chart shows LIT at $0.74, holding below the EMA50 at $0.77 and the EMA200 at $0.79, locking in the bearish structure while the MACD prints a death cross at -0.03. With RSI at 47.01 still neutral and price inside the Bollinger Bands, the next decisive move hinges on whether the market respects the lower band support at $0.69 or rejects the upper resistance at $0.81.
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