In the past two days, an on-chain operation worth noting has occurred. A mysterious wallet injected $6.03 million USD to purchase 2.45 million LIT tokens at an average price of $2.46, followed by an additional $2 million USDC to continue bottom-fishing. Such large and sustained buying activity is uncommon in the market.

From a news perspective, this transaction sends several signals. First, well-funded capital is accumulating LIT in large quantities—whether or not they have insider information, such a scale of operation usually indicates purpose. Second, the whale's holdings are already in an unrealized profit state. Currently, LIT is priced around $2.64, with a cost basis of $2.46, resulting in unrealized gains. The appearance of this "reverse operation" often suggests that large funds have their own judgment about the future market direction.

On-chain whale actions typically lead the market by half a beat. If they are building positions intensively, it is likely laying the groundwork for upcoming major moves. From this perspective, the news is indeed extremely positive—massive capital injection provides a solid buying foundation for the price and gives market confidence a strong boost.

Looking at the technical side, the key indicators on the 4-hour candlestick chart are also interesting. On MACD, DIF (-0.144) is higher than DEA (-0.171), and the histogram is in the positive zone at 0.054, indicating that short-term bullish momentum is slightly dominant. However, the histogram length is relatively short, and the bullish force is not yet strong enough to push the price significantly higher. The RSI value is in the 40-47 range, a neutral to slightly weak position, suggesting room for upward movement.

Overall, whale activity, bullish signals on the technical side, and continuous capital inflow combine to provide room for future price action. Of course, the market is ever-changing, and monitoring on-chain movements is just one of many reference dimensions.