$9.1M Whale Accumulates Millions of LIT Tokens Amid Market Volatility

An anonymous Ethereum investor has been quietly accumulating LIT tokens over the past two months, spending a total of $9.1 million to acquire 3.91 million tokens.

The whale's buying activity, tracked by blockchain analytics firm Lookonchain, shows a deliberate accumulation strategy rather than a single large purchase.

LIT is the native token of Litentry, a decentralized identity aggregation platform that enables cross-chain identity management.