Cardano wallet activates after 5 years, loses $6 million in disastrous ADA-to-USDA swap

Crypto Briefing•Sunday, November 16, 2025 at 7:04:17 PM

A Cardano wallet that had been inactive for five years was recently activated, resulting in a significant financial loss of $6 million during an ADA-to-USDA swap. This incident highlights the potential risks associated with large transactions in cryptocurrency trading, emphasizing the importance of liquidity awareness among traders. The event occurred on November 16, 2025, and serves as a cautionary tale for those engaged in crypto trading, where lack of liquidity can lead to substantial losses.

— via World Pulse Now AI Editorial System

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