A well-known crypto investor recently withdrew $5.2 million in USDC stablecoins from approximately $200 million injected into a liquidity mining protocol. This money was used to participate in the market for the LIT token — buying about 1.66 million tokens in one go.

Interestingly, based on current market prices, these 1.66 million LIT tokens are now worth about $4.65 million. In other words, this transaction has already recorded a paper loss of approximately $550,000. 💭

However, the investor seems to be continuing to position himself. It is reported that he still has about $1.2 million in USDC in his spot account, possibly waiting for a better entry point or observing the subsequent market trend. From an investment perspective, this kind of phased accumulation and reserve strategy is not uncommon — after all, large capital inflows and outflows require time and patience.