On-chain data has revealed a significant transfer of 250 million Lighter (LIT) tokens, occurring just days after the project was added to Coinbase's asset listing roadmap. According to Etherscan, the transfer of 249,999,999 LIT was executed from a core contract-linked address to a new wallet, approximately four hours before the data was publicly flagged.
The transaction originated from address 0x0778…31891, which held the entire 1 billion LIT supply at mint. This single transfer moved nearly 25% of the total supply to address 0x98e7…52b5f. Given that LIT currently has only five holders listed on Etherscan, such a large movement is structurally significant. The move appeared planned, preceded by smaller test transfers of 1 LIT and 0.5 LIT in the prior 24-36 hours, a common practice to verify permissions.
The timing is critical, as Coinbase officially added Lighter to its listing roadmap on December 13, confirming the asset is under active review. While a roadmap entry does not guarantee a listing, it typically increases scrutiny of a project's token supply and distribution plans. This massive transfer has immediately fueled speculation within the community about a potential delayed Token Generation Event (TGE) or an airdrop allocation. Previous disclosures suggested Lighter's TGE could occur in late December 2025 or early January 2026, aligning with this on-chain activity.
As of now, the receiving wallet has not shown any downstream activity. Analysts have detected no deposits to centralized exchanges, and the team has not funded any liquidity pools. Market observers are now watching for key signals: whether the receiving wallet splits the funds into multiple addresses (hinting at an airdrop), moves tokens to known exchange deposit wallets (suggesting market-making preparation), or interacts with new smart contracts (indicating staking or reward mechanisms). The disciplined, non-hype-driven nature of the move suggests a controlled execution by the project team.
