š The owner of Cardano lost $6 million in 30 seconds
Five years of silence ā and one fatal mistake. A Cardano wallet, which had not been activated since September 2020, suddenly came to life and in a matter of seconds destroyed $6.05 million.
š¹ Initially, the user made a test transfer 4437 $ADA .
š¹ After 33 seconds ā the main exchange: 14.4 million ADA (~$6.9 million) for the stablecoin Anzens (USDA).
š¹ But the USDA pool was nearly empty. Liquidity was so low that the token price jumped from $1.03 to $4.8.
š Result: instead of stability ā a disaster. The owner received only ~$0.85 million in USDA, losing over $6 million.
šµļøāāļø On-chain detective ZachXBT immediately took notice of the incident and called the user the āon-chain clown of the month.ā
ā ļø Conclusions for traders
- Check pool liquidity before large trades.
- Test transactions do not guarantee safety.
- āSleepingā wallets may awaken only to burn.
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