Lookonchain
Wallet 0x7378 has spent $9.1 million over the past two months to buy 3.91 million LIT at an average price of $2.33. The Ethereum OG whale's repeated purchases point to sustained interest in LIT rather than a single transaction.
Why it matters
A $9.1 million accumulation is a visible on-chain positioning signal for LIT. The two-month window and 3.91 million token total give the buying more weight than an isolated wallet move, while the $2.33 average provides a clear reference for the buyer's entry.
The signal remains wallet-specific. One whale's accumulation does not establish broad demand or show that other holders are following.
Market impact
The data confirms buying activity, not a guaranteed price response. Traders will likely track whether 0x7378 keeps adding and whether broader on-chain flows begin to align with the whale's positioning.
For now, persistence is the key market read: 0x7378 continued buying over two months and committed $9.1 million at an average of $2.33. Further accumulation would reinforce the signal, while a pause would leave it as a notable but isolated position.
Source: [DeBank | Your go-to portfolio tracker for Ethereum and EVM](https://debank.com/profile/0x73781209f3b0f195d0d3fa9d6b95bb61c54c1ca6)
Frequently asked questions
-
How much LIT did wallet 0x7378 buy?
Wallet 0x7378 bought 3.91 million LIT over the past two months.
-
What average price did 0x7378 pay for LIT?
The average purchase price was $2.33 per LIT.
-
Why does the two-month buying period matter?
It points to sustained accumulation rather than a single transaction, making the activity a more visible on-chain positioning signal.
-
Does one whale prove broad LIT demand?
No. One wallet's accumulation is notable, but it does not establish market-wide demand or show that other holders are following.
-
What should traders watch next for LIT?
They should watch for further buying from 0x7378 and broader on-chain accumulation that confirms whether the signal is spreading.
CoinTelegraph
CryptoSlate
Glassnode
Whale Alert
WatcherGuru