[A whale holding a LIT short position deposits 10 million USDC into Lighter] According to Onchain Lens monitoring, despite the continued decline of LIT, a whale has deposited 10 million USDC into the Lighter platform and conducted hedging operations. The whale opened a LIT short position with 5x leverage while spending $2.2 million to purchase 1.059 million LIT at a spot price of $2.08. The whale still holds 2.788 million USDC and may continue buying.