Another collapse! $LIGHT fell 73% in a single day!

The price plummeted from $4.69 to around $0.85, with nearly $16.20 million in contracts getting liquidated within 24 hours.

Brothers holding spot are confused about the losses, but according to on-chain data, 68%-70% of users who shorted contracts are making money.

Some are happy while others are worried, but such maliciously manipulated market projects should be jointly resisted by major exchanges, giving the market a clear sky.

Willing to bet and accept losses, gains and losses are one's own responsibility, but this kind of sharp rise followed by a heavy pressure is a bit too dismissive of users. That said, everyone, stop being so idealistic. Locking in profits is the way to go. This kind of direct break from the issue, how much you earn beforehand without selling is all just numbers.

The script will still be like this: another big dump of a few hundred percent, then a rise of several percent, creating a dead loop to deceive the retail investors into getting on board, with only pure selling pressure and chaos.