An entity received a $26 million LIT airdrop and has already sold $7.18 million worth of LIT.

BlockBeats News, December 31st, according to MLM Monitor, an entity deposited approximately 5 million USDC into LLP about 9 months ago, distributed across 5 wallets, and received 9,999,999.60 LIT tokens (approximately $26 million) in an airdrop. Additionally, LLP generated returns resulting in approximately $1-2 million in additional gains.

This airdrop represents about 1% of the total token supply and around 4% of the circulating supply. After receiving the 9,999,999.60 LIT tokens (approximately $26 million), 2,760,232.88 LIT tokens (approximately $7.18 million) have been sold since TGE.