Cardano Whale Lose Big Money in One Shot!
Picture Edited by me😎
Today I see one crazy thing happen on Cardano chain. One whale buy 847k USDA with 14.4 million ADA, around 6.9 million dollar. But liquidity so low, price fall heavy and he lose almost 6 million in one single trade.
He hold ADA for 5 year and now all gone because he trust one stablecoin many people not even use. This story show big risk on DEX and low liquidity pool. Must check volume and depth before doing big swap or same thing can happen.