A newly created wallet, just seven days old, has made significant investments in the LIT cryptocurrency. The wallet deposited $2 million USDC into the Lighter platform to expand its LIT holdings. Over the past week, the wallet has deposited a total of $4 million USDC, purchasing 1,285,010 LIT tokens for $3.8 million at an average price of $2.96 per token. The wallet still retains $193,717 USDC, indicating potential for further acquisitions.