According to LookIntoChain on-chain data, five wallets transferred 8.84 million LIGHT tokens to Bitget over the last seven hours, valuing the move at about $8.2 million at current prices. This activity highlights heightened on-chain liquidity dynamics within the LIGHT ecosystem.

The influx represents an exchange inflow that may contribute to higher liquidity and deeper order books for LIGHT pairs on Bitget, potentially affecting short-term spreads and execution quality.

Market participants should monitor subsequent activity and price response to gauge liquidity shifts. Such on-chain transfers can inform liquidity analytics and risk controls without implying directional bias.