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Lighter rises 9% to $2.4 as whale buys $1M more, pushing bullish momentum higher.

Technical Signals
07 Aug 2026
AMBCrypto
View Source
Bullish
pluang ai news

Lighter (LIT) has surged to a three-week high of $2.4, up 9.23% on strong daily trading volume growth of 53% to $49 million. A major whale investor has spent $9.1 million over two months to accumulate 3.91 million LIT, including a recent $1 million purchase, signaling strong confidence in continued price gains. Derivatives markets also show bullish signs with rising volume and open interest, while on-chain activity and active addresses are increasing, confirming growing adoption. Technical indicators like RSI and Stochastic Momentum Index suggest the uptrend may continue, with bulls targeting a breakout above $2.7.

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