Whale’s Risky Bet on $LIT Goes South 😭
Basically, as the crypto token $LIT (from the Lighter project) fell under $2, this big-time trader who’s leveraged 3x on a long position—meaning they were betting hard on the price rising—is now staring at an unrealized loss of more than $2.84 million.
It’s all tracked on a site called Hyperbot, which monitors these whale moves on perp DEXes. 24 Stuff like this happens in volatile markets, and it’s a reminder of how fast things can turn.
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