Whale 0x5F64 tried to attack #Lighter by going long $ARC, but failed.
He was liquidated and lost $5.3M. 0x5F64 deposited 8.39M $USDC into #Lighter to long $ARC. He built a massive 210M $ARC($20.45M) long position and pushed the price up to $0.15. A whale who bought 16.2M $ARC for $573K two months ago sold into the pump using DCA, selling 9.8M $ARC at $0.115 for $1.13M. He still holds 6.4M $ARC($303K), locking in a $861K profit. After that, $ARC crashed. The 210M $ARC long was liquidated. 0x5F64 withdrew the remaining 3.06M $USDC from #Lighter, ending the failed attack with a $5.3M loss.
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Whale 0x5F64 tried to attack #Lighter by going long $ARC, but failed.
He was liquidated and lost $5.3M.
0x5F64 deposited 8.39M $USDC into #Lighter to long $ARC.
He built a massive 210M $ARC($20.45M) long position and pushed the price up to $0.15.
A whale who bought 16.2M $ARC for $573K two months ago sold into the pump using DCA, selling 9.8M $ARC at $0.115 for $1.13M.
He still holds 6.4M $ARC($303K), locking in a $861K profit.
After that, $ARC crashed.
The 210M $ARC long was liquidated.
0x5F64 withdrew the remaining 3.06M $USDC from #Lighter, ending the failed attack with a $5.3M loss.