An entity received a LIT airdrop worth $26 million and has already sold LIT worth $7.18 million.

BlockBeats News, December 31, according to MLM monitoring, an entity deposited about 5 million USDC into LLP around 9 months ago, distributed across 5 wallets, and received an airdrop of 9,999,999.60 LIT (approximately 26 million USD). In addition, the returns generated by LLP brought an extra profit of about 1–2 million USD.

This portion of the airdrop is equivalent to 1% of the total token supply and about 4% of the circulating supply. After receiving 9,999,999.60 LIT (approximately 26 million USD), 2,760,232.88 LIT (about 7.18 million USD) have been sold since the TGE.