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Whales Getting Ready to Light the Mantle?

@SanSights
1 min read
07.07.2026
MNT
LIT


✍️ TL;DR: Lighter & Mantle networks seeing sky-high whale activity

📊 Metrics Used: Whale Transactions

🔗 Link to chart


🐳 Lighter and Mantle are both seeing their biggest whale activity spikes in six months, right as altcoin volatility has picked up across crypto. $LIT just hit 86 transactions over $100K, likely tied to renewed interest around its perp DEX narrative, tokenomics updates, buyback and burn mechanics, staking yield, and recent partnership buzz.


👀 Mantle also flashed a major signal with 37 transactions over $100K, as whales appear to be reacting to its growing RWA and tokenized equity push. With $MNT expanding around tokenized stocks, pre-IPO vaults, and deeper ecosystem utility, both LIT and MNT are showing that large wallets are paying close attention while retail is still sorting through the noise.

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