Let's break down what's actually happening with LIT using cold, hard numbers instead of speculation.

Last 7 days tells an interesting story: airdrop-holding wallets offloaded roughly $25M in LIT. Sounds like panic selling, right? Here's the kicker though—only about 6% of that volume hit the market in the past 24 hours, even as the token tanked 14%.

Think about that timing mismatch. If holders were truly desperate to dump, you'd expect heavy selling pressure during a 14% dip. Instead, most of that $25M dispersal happened earlier in the week, when the price was probably steadier. The real question isn't whether people are selling—it's whether the recent dump is actually about airdrop distribution at all, or something else entirely moving the needle.

Data before narratives.