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Sun Yuchen: Still holding all purchased LIT and optimistic about Lighter in the long term
ChainCatcher message, Sun Yuchen posted on X: “We still hold all the purchased LIT and remain optimistic about Lighter in the long term. We are rebalancing our wallet and will soon redeposit into LLP.”
Earlier today, on-chain monitoring showed that Sun Yuchen’s related address withdrew 40.76 million USDC from Lighter LLP, and then withdrew all of its USDC balance on Lighter, including the USDC he previously deposited into LLP (which was already withdrawn once in early February). The total amount involved is approximately 152 million USDC, accounting for about 17%–18% of the total USDC balance on the Lighter platform.