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.

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