LIGHT Flash Crash Results in Largest Overall Liquidation in Almost 4 Hours

BlockBeats News, December 22, according to Coinglass data, BitLight (LIGHT) experienced a flash crash this morning, dropping below $1 at one point, and is now trading at $1.12, representing a 24-hour price decrease of 69.54%. The total liquidation amount of LIGHT contracts across all platforms reached $7.64 million in a 4-hour period, ranking first in the entire network.