LIT: Ethereum Whale Accumulates 3.91M Tokens

Ethereum OG whale 0x7378 spent $9.1M acquiring 3.91M $LIT at a $2.33 average over two months even as the token trades at $0.74. The accumulation occurs against a bearish 4h structure where price sits below EMA50 at $0.77 and EMA200 at $0.79, with MACD locked in a death cross at -0.03. RSI(14) at 47.01 leaves room for downside before oversold conditions appear, while the token remains inside Bollinger Bands bounded by $0.81 resistance and $0.69 support. Institutional desks monitoring LIT price prediction flows note the whale's continued bids could stabilize order books near the lower band, yet the macro-technical setup favors further tests of $0.69 before any sustained recovery. Bitcoin dominance and broader risk sentiment continue to dictate altcoin direction in the current cycle.