On-chain data flagged by Onchain Lens and shared via Foresight News shows a large wallet moving 4.03 million $USDC into Lighter, followed by the purchase of roughly 1.63 million $LIT at an average price near $2.33. The address still holds about 227,000 USDC, suggesting some remaining liquidity, though no further action has been observed so far. #Binanceholdermmt

Meanwhile, a New Year activity tied to $HYPE is currently running, structured around light participation rather than aggressive incentives.

The setup includes a reward pool distributed via a spin mechanism, a small allocation for new users, and additional chances linked to spot trading volume and referrals (b!ngx). These kinds of events are increasingly common around year-end, often aimed at maintaining steady engagement while liquidity and attention rotate into the new quarter.