BTC on Lighter showed a sharp drop to $47k
While Bitcoin is approaching $70,000, the Lighter platform’s chart briefly displayed a price drop to $47,000.
In fact, this was caused by a large order of 1000 BTC that swept through all available limit orders, creating a visual price crash that quickly recovered. There were no liquidations—this was purely a technical liquidity spike.
This incident highlights local price volatility on individual platforms, while the overall BTC price trend remains steady and close to $70,000.