CoinVoice has recently learned that analyst Ai Yi posted on platform X, stating that LIGHT dropped 77.7% within five and a half hours. The token's 24-hour trading volume reached 2.13 billion USD, making it one of the top three tokens by 24-hour contract trading volume on Binance, second only to BTC and ETH.

Coinglass data shows that long and short positions have been liquidated for a total of 4.84 million USD. The value of LIGHT holdings has decreased from 53.32 million USD before the drop at 4 AM to the current 18.79 million USD, but the contract position increased from 11.97 million LIGHT to 18.79 million LIGHT, with a large holder long-short ratio of 1.63.[Original link]