Bitcoin News: BTC Whale Bet Backfires, $8.2M Lost in ARC Chaos
Key Insights Lighter confirmed that a crypto whale lost $8. 2 million after a leveraged long position in the ARC perpetuals market collapsed on its platform. The incident unfolded on Wednesday evening when the trade began to unwind, forcing the decentralized derivatives venue to activate auto-deleveraging. As per the Bitcoin news, the exchange incurred liquidity provider […] The post Bitcoin News: BTC Whale Bet Backfires, $8
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