PANews
PANews|Nov 17, 2025 00:29
[ZachXBT: Cardano User Loses Over $6 Million Due to Low Liquidity Trading] On-chain detective ZachXBT stated early this morning that approximately two hours ago, a Cardano user exchanged their 14.4 million ADA (approximately $6.9 million) for 847,000 USDA (a USD stablecoin on Cardano). Due to extremely low liquidity in the pool, the transaction caused a short-term surge in USDA's price, resulting in a loss of approximately $6.05 million for the user. It is reported that these funds had been idle for nearly five years.
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