A whale holding a LIT short position has deposited 10 million USDC into Lighter.
PANews reported on January 13, citing Onchain Lens monitoring, that despite the continued decline of LIT, a whale still deposited 10 million USDC into the Lighter platform and conducted hedging operations.
This whale opened a short position on LIT with 5x leverage, and also spent $2.2 million to purchase 1.059 million LIT at a spot price of $2.08. The whale currently still holds 2.788 million USDC and may continue to buy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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