BTC Contract Price on Lighter Platform Plunges to $47,510 Unexpectedly

Unexpected Plunge in BTC Contract Price on Lighter Platform

Recently, the BTC contract price on the decentralized platform Lighter experienced an unusual fluctuation. A whale user executed a large market sell order, causing the price to temporarily drop to $47,510.

• The sell-off involved 1,000 BTC.

• The price briefly reached the $47,000 level.

• Officials clarified that this was not due to platform vulnerabilities or hacker activity.