Giant Whale deposited 10 million USDC into Lighter and opened a short position in LIT

According to Onchain Lens monitoring, a giant whale deposited 10 million USDC into the Lighter platform during the continuous decline of LIT and opened a short position in LIT with 5-fold leverage. In addition, the giant whale purchased 1.059 million LITs at a spot price of $2.08 for $2.2 million, and currently holds 2.788 million USDCs, with potential follow-up buying actions.