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Cardano Whale Dormant for 5 Years Wakes Up and Instantly Loses $6.2M on ADA → USDA Swap

Cardano Whale Dormant for 5 Years Wakes Up and Instantly Loses $6.2M on ADA → USDA Swap

Talk about the most brutal wake-up call in crypto history.

A Cardano address that had been completely silent since July 2020 suddenly came back to life yesterday… and immediately set $6.2 million on fire in a single transaction.

According to ZachXBT and flagged by Lookonchain, the whale swapped 14.45 million $ADA — worth roughly $7.08 million at the time — for $USDA on Cardano DeFi.

Because the $USDA liquidity pool was tiny (we’re talking microscopic), the trade suffered catastrophic slippage. The whale only received 847,694 $USDA in return.

That’s an instant $6.2 million loss in one click.

Cardano whale wallet dormant since 2020 suddenly active with 14.45M ADA stake Disastrous swap transaction: 14.45M ADA swapped for only 847K USDA due to low liquidity

For anyone new to this kind of pain: when you try to swap a huge amount on a pool with almost no liquidity, the price impact (slippage) goes parabolic. The deeper you go into the pool, the worse the rate gets — until you’re basically just donating your tokens to liquidity providers.

This whale basically drained whatever tiny $USDA pool existed and still didn’t even get $1 million worth of stablecoins back.

Five years of HODLing through bear markets, multiple cycles, endless “Cardano top 3 incoming” tweets… all to wake up one day and yeet 87% of the bag in seconds because they didn’t check the liquidity chart.

Absolute legend-tier degen move, but the wrong kind of legend.

You can verify everything yourself on Cexplorer here:
https://beta.cexplorer.io/address/addr1qy5lcrk497pg88xkfgwxp2v9y328g3j87tvq3sefpkmg7n7nst5js3fzwl4cm8g46fm6unayaet8yfcw5kp3jkjy0tdsr4x534?tab=defi

Original Lookonchain post:
https://x.com/lookonchain/status/1990230186034635157

Moral of the story?
Even if you held through the apocalypse, one impatient swap on a ghost-chain DEX can erase everything.

Cardano DeFi in 2025, ladies and gentlemen. 😂💀

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