Bitcoin Bitcoin $ 89,916.00 ▼ 5.28% | Ethereum Ethereum $ 3,002.96 ▼ 5.77% | XRP XRP $ 2.16 ▼ 3.90% | BNB BNB $ 904.29 ▼ 3.05% | Solana Solana $ 135.47 ▼ 3.31% | TRON TRON $ 0.29 ▼ 0.78% | Dogecoin Dogecoin $ 0.15 ▼ 3.84% | Cardano Cardano $ 0.47 ▼ 5.27% | Figure Heloc Figure Heloc $ 1.03 ▲ 0.86% | Hyperliquid Hyperliquid $ 40.68 ▲ 5.55% | WhiteBIT Coin WhiteBIT Coin $ 50.57 ▼ 4.08% | Wrapped Beacon ETH Wrapped Beacon ETH $ 3,251.91 ▼ 5.46% | Zcash Zcash $ 621.84 ▼ 8.99% | Bitcoin Cash Bitcoin Cash $ 485.08 ▼ 0.75% | Chainlink Chainlink $ 13.43 ▼ 3.72% | Binance Bridged USDT (BNB Smart Chain) Binance Bridged USDT (BNB Smart Chain) $ 1.00 ▼ 0.10% | LEO Token LEO Token $ 9.15 ▼ 0.75% | Stellar Stellar $ 0.25 ▼ 3.31% | Monero Monero $ 412.69 ▲ 3.70% | Litecoin Litecoin $ 93.31 ▼ 3.39% | Coinbase Wrapped BTC Coinbase Wrapped BTC $ 89,869.00 ▼ 5.36% | Avalanche Avalanche $ 14.57 ▼ 6.36% | Hedera Hedera $ 0.15 ▼ 2.75% | Sui Sui $ 1.64 ▼ 3.85% | Uniswap Uniswap $ 7.38 ▼ 0.74% | Polkadot Polkadot $ 2.74 ▼ 2.51% | Toncoin Toncoin $ 1.79 ▼ 1.89% | Ethena Staked USDe Ethena Staked USDe $ 1.20 ▼ 0.04% | USDT0 USDT0 $ 1.00 ▼ 0.12% | Cronos Cronos $ 0.10 ▼ 6.18% | sUSDS sUSDS $ 1.07 ▼ 0.09% | World Liberty Financial World Liberty Financial $ 0.14 ▼ 4.35% | Canton Canton $ 0.11 ▼ 2.30% | MemeCore MemeCore $ 2.19 ▼ 1.34% |
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Bitcoin Bitcoin $ 89,916.00 ▼ 5.28% | Ethereum Ethereum $ 3,002.96 ▼ 5.77% | XRP XRP $ 2.16 ▼ 3.90% | BNB BNB $ 904.29 ▼ 3.05% | Solana Solana $ 135.47 ▼ 3.31% | TRON TRON $ 0.29 ▼ 0.78% | Dogecoin Dogecoin $ 0.15 ▼ 3.84% | Cardano Cardano $ 0.47 ▼ 5.27% | Figure Heloc Figure Heloc $ 1.03 ▲ 0.86% | Hyperliquid Hyperliquid $ 40.68 ▲ 5.55% | WhiteBIT Coin WhiteBIT Coin $ 50.57 ▼ 4.08% | Wrapped Beacon ETH Wrapped Beacon ETH $ 3,251.91 ▼ 5.46% | Zcash Zcash $ 621.84 ▼ 8.99% | Bitcoin Cash Bitcoin Cash $ 485.08 ▼ 0.75% | Chainlink Chainlink $ 13.43 ▼ 3.72% | Binance Bridged USDT (BNB Smart Chain) Binance Bridged USDT (BNB Smart Chain) $ 1.00 ▼ 0.10% | LEO Token LEO Token $ 9.15 ▼ 0.75% | Stellar Stellar $ 0.25 ▼ 3.31% | Monero Monero $ 412.69 ▲ 3.70% | Litecoin Litecoin $ 93.31 ▼ 3.39% | Coinbase Wrapped BTC Coinbase Wrapped BTC $ 89,869.00 ▼ 5.36% | Avalanche Avalanche $ 14.57 ▼ 6.36% | Hedera Hedera $ 0.15 ▼ 2.75% | Sui Sui $ 1.64 ▼ 3.85% | Uniswap Uniswap $ 7.38 ▼ 0.74% | Polkadot Polkadot $ 2.74 ▼ 2.51% | Toncoin Toncoin $ 1.79 ▼ 1.89% | Ethena Staked USDe Ethena Staked USDe $ 1.20 ▼ 0.04% | USDT0 USDT0 $ 1.00 ▼ 0.12% | Cronos Cronos $ 0.10 ▼ 6.18% | sUSDS sUSDS $ 1.07 ▼ 0.09% | World Liberty Financial World Liberty Financial $ 0.14 ▼ 4.35% | Canton Canton $ 0.11 ▼ 2.30% | MemeCore MemeCore $ 2.19 ▼ 1.34% |
HomeTagsZachXBT analysis

ZachXBT analysis

Bitcoin

Cardano Stablecoin Incident Wipes Out $6M in ADA

In a shocking turn of events, the Cardano stablecoin incident highlights the precarious nature of cryptocurrency trading, where one user lost an astonishing $6.05 million in the blink of an eye.According to on-chain analyst ZachXBT, the calamity struck when a Cardano trader tried to swap a vast sum of ADA for the stablecoin USDA, only to find that low liquidity led to a price spike that sent the stablecoin soaring to unimagined heights.
Olivia Carter -

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