Fat Finger Causes Whale to Lose $6M in USDA Swap

A significant loss occurred in the Cardano ecosystem as a whale mistakenly swapped $6 million worth of ADA for a micro-cap stablecoin, USDA, which is illiquid. This decision is considered one of the most costly errors of the year, resulting from a 'fat finger' mistake. As of November 17, 2025, major cryptocurrencies including Bitcoin and Ethereum have seen substantial declines, with Bitcoin falling below the $100,000 mark amidst broader market sell-offs. This environment has led to significant price drops across numerous digital assets like Solana and XRP, contributing to market fears. The decline followed decreased ETF inflows and substantial selling by long-term holders. The incident involving the Cardano whale raises concerns about liquidity and market stability in current trading conditions, making it a notable event in the cryptocurrency market.

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