Cardano’s Liquidity Crisis: $6.2 Million Lost in Whale Transaction

A dormant Cardano wallet that had been inactive for half a decade suddenly sprang to life, resulting in a staggering $6.2 million loss when its owner attempted to liquidate a massive position. This incident has exposed critical liquidity challenges within the Cardano ecosystem, raising questions about network stability during periods of significant market movement.

On November 17, 2025, a dramatic transaction unfolded on the Cardano blockchain that laid bare the platform’s vulnerability to large-scale trades. A whale address that had shown no activity for five years exchanged 14.45 million ADA tokens, valued at approximately $7.08 million, for USDA stablecoins.

The operation encountered severe liquidity constraints in the USDA market, with the wallet receiving Read more...