Users on the Lighter are currently unable to withdraw funds normally, with the error message “Too many L2 Withdrawals” appearing. The issue appears to stem from the Lighter Prover falling behind the Sequencer in processing speed. The most recent committed block is 137759879,
People are selling $LIT and withdrawing I guess...
Hyperliquid
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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