Whale Faces LIT Position Liquidation
Recently, with the continuous decline in the price of LIT, a major holder (whale) faced partial liquidation of their long position, suffering losses amounting to $509,000. According to data from Onchain Lens, the whale has not fully closed its position, and if prices fall further to $1.49, the remaining holdings may face another round of liquidation risks.
Risk Management Amid Market Volatility
In the context of ongoing market adjustments, investors need to pay special attention to leverage levels and liquidation risks. The sustained drop in LIT's price not only affects highly leveraged positions but also reflects rising risk-averse sentiment across the market.
- LIT price movements trigger position adjustments
- Whale holdings under further liquidation pressure
- Increased market volatility demands stronger risk control