A wallet on Lighter grew its value from $5,000 to $133,000 in just two months by trading ETH.
TL;DR
A wallet on Lighter grew from $5,000 to $133,000 in two months by trading ETH, accounting for 59% of recent ETHUSD taker volume and trading with zero fees.
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According to Foresight News , MLM monitoring revealed that a wallet deposited 5,000 USDC into Lighter approximately two months ago, growing its assets to approximately $133,000 through ETH trading alone. Over the past seven days, this address appears to have accounted for about 59% of the ETHUSD taker trading volume ($1.72 billion) and about 9% of the total number of ETHUSD taker trades (approximately 115,000 trades) on Lighter. According to Lighter's API and block explorer data, the account appears to be trading with zero fees, and no other funds have been transferred in or deposited besides the initial $5,000.