A whale transferred 10 million USDC to Lighter to short 5x LIT, spending $2.2 million to buy 1,059,000 LIT.
BlockBeats News, January 13th, according to Onchain Lens monitoring, despite the continued decline of LIT, a whale has transferred 10 million USDC to Lighter and is currently hedging it.
The whale has opened a 5x leveraged short position on LIT and spent $2.2 million to purchase 1,059,000 LIT at an average price of $2.08. Currently, it still holds 2,788,000 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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