Investor Insight: LIT May Enter a Short Squeeze, with Potential Liquidation Scale Equivalent to 2.5% of Circulating Supply Building Up Above

Odaily Planet Daily News: Former Ethereum core developer and angel investor Eric Conner posted on X: "Lighter (LIT) may enter a short squeeze, which would be devastating for bears. In the price range of $3.43 to $4.10 (Odaily note: current price $3.66), a short liquidation volume of up to 6 million LIT has accumulated. This is equivalent to 2.5% of its entire circulating supply."