\n
Oh. My. God. So, apparently, someone has been holding Cardano – like, for five years 🙄 – and then managed to, shall we say, spectacularly miscalculate a stablecoin swap. The result? A cool $6 million gone. Just. Like. That. Honestly, you\’d think after five years of HODLing, one might develop a slightly better grasp of, you know, actual trading. 🤷\u200d♀️
\n\n
Apparently, 14.4 million ADA (that\’s roughly $6.9 million, for those of us not fluent in crypto-speak) went into a… let’s call it a “less-than-robust” trading pool and came out as a pathetic 847,695 of some stablecoin called US Dollar Anzens (USDA). Which, frankly, sounds like something you order with fries. A loss of approximately $6.05 million. Seriously?! 💸
\n
\n\n
And the best part? Before obliterating millions, said Cardano aficionado did a “test” trade of a measly 4,437 ADA. Like, “Let’s just risk a small fortune and see what happens!” Thirty-three seconds later… BOOM. 💥 The wallet had been peacefully dormant since 2020. One really has to wonder what they were doing all that time. Practicing deep breathing?
\n\n
Seriously, Don’t Do This
\n
The takeaway, apparently, is don\’t trade large sums in tiny pools. It\’s like trying to drain the ocean with a teaspoon. Shocking, I know. This whole situation confirms my long-held suspicion that crypto is basically a very complicated game of Connect Four, but with real money. 🎲
\n\n
The flailing USDA briefly spiked to $1.26- because, why not? – before tumbling back down to $1.04. Which, honestly, sounds about right.
\n\n
Fat Fingers and Crypto Chaos
\n
Did the trader accidentally hit the wrong button? Did they confuse USDA with… U.S. Department of Agriculture? (Probably not, but one can dream.) 🤷\u200d♀️ It’s unknown if they even wanted this obscure stablecoin. And, even more surprisingly, they\’d never actually held it before! It’s like buying a yacht and then discovering you are afraid of water.
\n\n
This all reminds me of when Paxos accidentally minted 300 TRILLION PayPal USD. Honestly, at this point, accidental currency creation feels almost… normal. 🙃
\n
Oh. My. God. So, apparently, someone has been holding Cardano – like, for five years 🙄 – and then managed to, shall we say, spectacularly miscalculate a stablecoin swap. The result? A cool $6 million gone. Just. Like. That. Honestly, you’d think after five years of HODLing, one might develop a slightly better grasp of, you know, actual trading. 🤷♀️
Apparently, 14.4 million ADA (that’s roughly $6.9 million, for those of us not fluent in crypto-speak) went into a… let’s call it a “less-than-robust” trading pool and came out as a pathetic 847,695 of some stablecoin called US Dollar Anzens (USDA). Which, frankly, sounds like something you order with fries. A loss of approximately $6.05 million. Seriously?! 💸
And the best part? Before obliterating millions, said Cardano aficionado did a “test” trade of a measly 4,437 ADA. Like, “Let’s just risk a small fortune and see what happens!” Thirty-three seconds later… BOOM. 💥 The wallet had been peacefully dormant since 2020. One really has to wonder what they were doing all that time. Practicing deep breathing?
Seriously, Don’t Do This
The takeaway, apparently, is don’t trade large sums in tiny pools. It’s like trying to drain the ocean with a teaspoon. Shocking, I know. This whole situation confirms my long-held suspicion that crypto is basically a very complicated game of Connect Four, but with real money. 🎲
The flailing USDA briefly spiked to $1.26- because, why not? – before tumbling back down to $1.04. Which, honestly, sounds about right.
Fat Fingers and Crypto Chaos
Did the trader accidentally hit the wrong button? Did they confuse USDA with… U.S. Department of Agriculture? (Probably not, but one can dream.) 🤷♀️ It’s unknown if they even wanted this obscure stablecoin. And, even more surprisingly, they’d never actually held it before! It’s like buying a yacht and then discovering you are afraid of water.
This all reminds me of when Paxos accidentally minted 300 TRILLION PayPal USD. Honestly, at this point, accidental currency creation feels almost… normal. 🙃
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2025-11-17 05:09