Cardano holders lose $6.05 million due to insufficient liquidity during redemption
According to ChainCatcher, on-chain detective Zachxbt reported that a Cardano holder exchanged 14.4M $ADA (approximately $6.9 million), which had been dormant for nearly 5 years, for 847K $USDA. Due to low liquidity, the price temporarily spiked, resulting in a final loss of up to $6.05 million.
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