Post #4994

Despite $LIT continuing to drop, a whale has deposited $10M $USDC into #Lighter and is hedging on it. The whale opened a $LIT short position with 5x leverage and spent $2.2M to buy 1.059M $LIT at $2.08 on spot and still holds $2.788M $USDC and is likely to buy more. https://app.lighter.xyz/explorer/accounts/0x2261207edc313bBFe96ddb98618b87919b9F1AeF https://x.com/OnchainLens/status/2010947308557660544 Follow @onchainlens for more onchain updates