12Hr Ago routed millions of dollars of Lighter ($LIT) across networks,
A staging wallet was funded with 3.159M $LIT ($8.02M) and exactly 0.053 ETH to cover gas.
They fired off two tiny test transactions (1 LIT, then 2 LIT) to the Relay bridge to verify the route.
Once the tests cleared, they slammed the entire 3.159M $LIT ($8.12M) stack straight through the bridge!
You don't carefully bridge $8 million just to hold it on another chain.
This supply is on the move for a reason either to seed new liquidity, finalize an OTC deal, or hit a CEX order book. Keep a close eye on where this liquidity lands!
A staging wallet was funded with 3.159M $LIT ($8.02M) and exactly 0.053 ETH to cover gas.
They fired off two tiny test transactions (1 LIT, then 2 LIT) to the Relay bridge to verify the route.
Once the tests cleared, they slammed the entire 3.159M $LIT ($8.12M) stack straight through the bridge!
You don't carefully bridge $8 million just to hold it on another chain.
This supply is on the move for a reason either to seed new liquidity, finalize an OTC deal, or hit a CEX order book. Keep a close eye on where this liquidity lands!