Whale loses $8.2M trying to squeeze thin liquidity ARC market on Lighter

A massive leveraged long in the ARC perpetuals market collapsed on Lighter, triggering auto-deleveraging but limiting liquidity provider losses to about $75,000. source: https://cointelegraph.com/news/whale-loses-8-2m-arc-squeeze-lighter-perps-liquidation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound