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Whale Transfers 10 Million USDC to Lighter, Goes Short 5x on LIT and Spends $2.2 Million Buying 1.059 Million LIT
Summary: According to reports from Onchain Lens, despite LIT's continuous decline, a whale transferred 10 million USDC to Lighter and is hedging against it. The whale opened a short position on LIT with 5x leverage and spent $2.2 million buying 1.059 million LIT at an average price of $2.08. Currently, it still holds 2.788 million USDC ...
According to reports from Onchain Lens, despite LIT's continuous decline, a whale transferred 10 million USDC to Lighter and is hedging against it. The whale opened a short position on LIT with 5x leverage and spent $2.2 million buying 1.059 million LIT at an average price of $2.08. Currently, it still holds 2.788 million USDC and may continue buying.
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Link: Whale Transfers 10 Million USDC to Lighter, Goes Short 5x on LIT and Spends $2.2 Million Buying 1.059 Million LIT [Copy]
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Link: Whale Transfers 10 Million USDC to Lighter, Goes Short 5x on LIT and Spends $2.2 Million Buying 1.059 Million LIT [Copy]
