Buy Crypto
Markets
Spot
Futures
Earn
Promotion
More
reward-centerNewcomer Zone
Feed HomeFlash details
LIT Rises 18% as Whale Long Draws Market Attention
  • LIT0%

CoinEx News: Lighter (LIT) traded near $2.63 on July 6, up about 18% in 24 hours and about 48% over seven days, after Onchain Lens reported that a newly created wallet deposited $2.67M USDC into HyperLiquid and opened a 2x long position of 1.62M LIT, with unrealized profit above $330,000. Lighter is a decentralized perpetuals exchange that uses custom ZK infrastructure for verifiable order matching and clearing.

Derivatives activity is heavy, with about $358M in 24-hour futures volume, $35.8M in spot volume, $423M in open interest and around $2.0M in liquidations, while average funding is slightly negative, so the move looks more like spot/news repricing plus short covering than a simple one-way leveraged-long push.

Source: CoinEx

Disclaimer: The current content is provided for reference only and does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

Hot
  • Coins
    Price
    24H Change