Home Cryptocurrency Whale loses $8.2M trying to squeeze thin liquidity ARC market on Lighter

Whale loses $8.2M trying to squeeze thin liquidity ARC market on Lighter

Whale loses $8.2M trying to squeeze thin liquidity ARC market on Lighter

A massive leveraged long in the ARC perpetuals market collapsed on Lighter, triggering auto-deleveraging but limiting liquidity provider losses to about $75,000.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Polymarket user gains $400K betting on ZachXBT investigation

As US policymakers scrutinize prediction markets platforms, many Polymarket users won bets...

5 Monthly Red Candles: How XRP Is About To Create A Historical Losing Streak

XRP’s higher-timeframe structure is approaching a rare technical milestone on the monthly...

Morgan Stanley explores offering Bitcoin lending and yield services

Morgan Stanley’s exploration into Bitcoin lending and yield services could accelerate mainstream...

Ethereum adds $15b in market value amid rising allocations to emerging crypto protocols

Mutuum Finance gains momentum as Ethereum rebounds, raising $20.6m with 19,000+ holders....