Whale loses $8.2 million trying to drain thin liquidity in the ARC market (Lighter)
A massive leveraged long position in the ARC perpetual swap market collapsed, triggering auto-liquidation, but liquidity providers' losses were limited to about $75,000.
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Whale loses $8.2 million trying to drain thin liquidity in the ARC market (Lighter)
A massive leveraged long position in the ARC perpetual swap market collapsed, triggering auto-liquidation, but liquidity providers' losses were limited to about $75,000.