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[Lighter Withdraws 32.05 Million USDC to Treasury Address, Partial Funds Flow to LLP] On December 30, Lighter withdrew 32.05 million USDC from the platform to the treasury address, of which approximately $7.5 million entered LLP and around $8.6 million was redeposited back into Lighter since October 16. The remaining approximately $21.9 million USDC was transferred to a Coinbase custody address. Currently, the platform's fee wallet still holds about $100,000. Lighter disclosed that the treasury address is hardcoded into the contract as account 0, responsible for receiving platform fees, and can be replaced through contract mechanisms.

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