How This Cardano Holder Lost $6.09 Million In Minutes Due To On-Chain Liquidi...
A Cardano holder has experienced a staggering financial blow this week, losing over $6 million worth of ADA in just minutes due to on-chain liquidity issues. The funds, which had been sitting dormant for nearly five years, vanished almost instantly during the massive swap. The incident raises alarm regarding the risks involved in using Decentralized […]
Related News
On-chain data shows Dogecoin holders have broken the 8.1 million milestone. Here’s how other cryptocurrencies like XRP and Cardano compare. Dogecoin Holder Count Above Other Altcoins, But Still Below Bitcoin & Ethereum In a new post on X, on-chain analytics firm Santiment has shared about how the various coins in the cryptocurrency sector currently compare […]
Many investors have been left dissatisfied with Cardano’s performance this year due to the huge decline in the value of ADA, the native cryptocurrency of the blockchain. On-chain data shows that the percentage of Cardano (ADA) addresses that have been lost is already over 94%, and data points to the possibility of further losses soon. […]
Cardano (ADA) had since lost its momentum and has been back on another downtrend once more. This time around, the downtrend quickly sent the cryptocurrency back towards the $1 territory. This has had some dire implications for Cardano investors. The majority of these investors have now seen their portfolios descent into the red territory causing them to be taking massive losses at the current prices. Cardano Holders In The Red Much like the majority of the market, Cardano has seen its value decline in recent days. This has been a result of the slowing market momentum which has been....
On-chain data shows the Bitcoin long-term holder supply has reached an all-time high (ATH), a sign of rising HODLing conviction among investors. Bitcoin LTH Supply Has Hit The 14.8 Million BTC Milestone As pointed out by on-chain and cycle analyst Root in an X post, the Bitcoin long-term holder supply is currently sitting at an […]
Dogecoin has found itself unable to rally the way it did in the first half of 2021, thus resulting in it losing most of the value generated during that time. Nevertheless, it remains mostly profitable for the majority of its investors. The meme coin which has since lost its footing above 10 cents still remains the largest meme coin and a top 10 cryptocurrency by market cap, and this translates to the profitability of the digital asset. Majority Holders In Profit Even with the digital asset having declined more than 88% since its all-time high, the majority of those who are invested in this....