Lookonchain (@lookonchain): Whale 0x5F64 tried to attack #Lighter by going long $ARC, but failed.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- ARC-80Negative
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