Whale 0x5F64 tried to attack #Lighter by going long $ARC

CN
16 hours ago

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.

https://app.lighter.xyz/explorer/accounts/714638

https://intel.arkm.com/explorer/address/0x5F64C8C5C5D0811130c3A314bCF2c791aa6e6452

https://solscan.io/account/3hyWeRMoZAf9U9FJGKH8wZVL7YnYR8MLWEurrXkRuPhU#activities


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