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

Cointelegraph.com NewsA massive leveraged long in the ARC perpetuals market collapsed on Lighter, triggering auto-deleveraging but limiting liquidity provider losses to about $75,000. 

​A massive leveraged long in the ARC perpetuals market collapsed on Lighter, triggering auto-deleveraging but limiting liquidity provider losses to about $75,000.