According to onchain analyst ZachXBT, one Cardano user watched $6.05 million worth of cardano ( ADA) vanish while trying to swap into a stablecoin called USDA. With liquidity running on fumes, the stablecoin’s price shot to absurd highs, turning a routine trade into a very expensive lesson. Dormant Cardano Wallet Awakens, Instantly Burns Millions in […]According to onchain analyst ZachXBT, one Cardano user watched $6.05 million worth of cardano ( ADA) vanish while trying to swap into a stablecoin called USDA. With liquidity running on fumes, the stablecoin’s price shot to absurd highs, turning a routine trade into a very expensive lesson. Dormant Cardano Wallet Awakens, Instantly Burns Millions in […]
Cardano Trader Vaporizes $6M in ADA After Stablecoin Swap Goes off the Rails
According to onchain analyst ZachXBT, one Cardano user watched $6.05 million worth of cardano ( ADA) vanish while trying to swap into a stablecoin called USDA. With liquidity running on fumes, the stablecoin’s price shot to absurd highs, turning a routine trade into a very expensive lesson. Dormant Cardano Wallet Awakens, Instantly Burns Millions in […]
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For now, the crypto sector has digested the Fed’s move with restraint. Traders remain focused on signals from the central bank’s October meeting to determine whether Wednesday’s step marks the beginning of a broader policy shift or just a one-off adjustment
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