A whale deposited 10 million USDC into Lighter and opened a short position on LIT

According to monitoring by Onchain Lens, a whale deposited 10 million USDC into the Lighter platform during the continuous decline of LIT and opened a short position on LIT with 5x leverage. In addition, this whale spent $2.2 million to purchase 1.059 million LIT at a spot price of $2.08, and currently still holds 2.788 million USDC, which may indicate further buying actions.