Flash crash! LIGHT plummeted 77.7% in five and a half hours, completing the harvest

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The 24-hour trading volume reached 2.13 billion USD, making it the TOP3 token in Binance's 24H contract trading volume, second only to BTC and ETH. According to Coinglass data, a total of 4.84 million USD was liquidated from both long and short positions.

Open interest also dropped from 53.32 million USD before the crash at 4 o'clock to the current 18.79 million USD (mainly due to the plummeting coin price), but the contract open positions increased from 11.97 million $LIGHT to 18.79 million, with the large trader long-short ratio reaching 1.63. It seems the game must go on… #BTC