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📌 According to on-chain data reported by various cryptocurrency market sources, a wallet believed to be related to the LIGHT project team has transferred a large amount of LIGHT tokens to the DEX / exchange, specifically:
✔️ This wallet has transferred ~1.376 million LIGHT, worth approximately ~6.4 million USD to the decentralized exchange (DEX).
✔️ This is not the first time — this wallet has previously sent over a million LIGHT tokens to the exchange in the past 48 hours, creating significant selling pressure.
➡️ These activities are simultaneously accompanied by receiving USDT into the wallet, raising suspicions that the project team sold tokens while the price was still high.
📊 Market Price & LIGHT Situation
🎯 The price of the LIGHT token has currently dropped significantly from its all-time high — trading at around $0.948 USD.
👉 This is much lower than the assumption of "price $4.65".