🚨 A failed attack on #Lighter ends with a loss of 5.3 million dollars!
The whale 0x5F64 tried to manipulate the price of the currency $ARC by opening a massive long position on the Lighter platform… but the plan completely backfired on him 👇
🔹 Deposited 8.39M USDC 🔹 Built a massive long position of 210 million ARC (worth 20.45M$) 🔹 Pushed the price up to 0.15$
But the surprise? 😏 Another whale had bought 16.2M ARC two months ago for 573K$ and took advantage of the pump.
💰 Gradual selling (DCA):
Sold 9.8M ARC at 0.115$
Gained 1.13M$
Still holding 6.4M ARC (303K$)
Realized profits close to 861K$
After the dumping wave… the price collapsed 📉 And the 210M ARC position was completely liquidated.
In the end: 🔻 0x5F64 withdrew the remaining funds (3.06M USDC) 🔻 and exited with an estimated total loss of 5.3 million dollars
🎯 The lesson? The market is unforgiving… even whales can be caught.
🚨 The institutional whale is back to accumulate BTC again!
The giant asset management company BlackRock continues to bolster its Bitcoin holdings 🟠
In just the last 5 hours, it recorded net inflows of approximately: 1,225 BTC valued at around $83.92 million 💰
Institutional movements of this size often have strong implications for the medium and long term… and the question now is: Is this just accumulation before a larger move?