A decentralized perpetual contract exchange was originally created to escape centralized control. However, just a sell-off of 1,000 Bitcoins (approximately $70 million) was enough to instantly crash the BTC price on Lighter to $48,000, with an exaggerated long lower shadow appearing on the candlestick chart. Of course, this spike was quickly erased by the project team, as they couldn't leave it for users to see 😬. Let's take a look at the other several: ·

BTC-1.4%
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