Svmuu News: On Sunday, a crypto trader exchanged 1,126.44 ETH—worth $2.01 million—for 5,776 LIT, valued at $14,208, resulting in a loss of nearly $2 million in a single on-chain transaction. According to Lookonchain data, the trader paid an effective price of approximately $348 per LIT, roughly 140 times the market price of $2.46 per LIT at the time of the transaction. LIT has risen 22.5% in the past 24 hours and 53.3% over the past week, with a market capitalization of $675 million, a total value locked on the platform of $533.6 million, and a daily trading volume of $116.76 million. On July 2, Lighter burned 15.5 million LIT, representing approximately 6.3% of the circulating supply. (Bitcoin.com News).