price move
Lighter plunges 12% – $2.9M in long liquidations trigger panic exits
0Importance
closedStatus
1News media
1Pieces
- Published
- Updated
Key claims & sources
Summary in preparation.
Market reaction i
-0.6%
2 h before
0.0%
4 h after
$3.35price at publication
12data points
The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
first
AMBCrypto
scoop
Oct 13 20:00
AMBCrypto
scoop
Breaks the event: $2.9M
Where this sits in the Lighter series
| When | What happened | Figure |
|---|---|---|
| 42 days ago | LIT at $5.45 high | today it sits -37.2% from there |
| 7 days ago | LIT at $2.62 low | today it sits +30.5% from there |
From what we have stored, starting 42 days ago.