Dragonfly Receives $55.8M in $LIT From Lighter_xyz, According to Arkham

Yesterday, @dragonfly_xyz received $55.8 million worth of $LIT tokens from @Lighter_xyz. @arkham said the transfer may reflect Dragonfly's investor allocation, subject to a 1-year lockup followed by a 3-year vesting schedule. The single transfer is sizable relative to $LIT's market capitalization, which was about $266 million at the time of writing.