đ° Held $ADA for 5 Years, Lost $6M in One Swap â A Brutal DeFi Lesson
An ADA investor who had been holding for five years finally decided to make a big move â and it turned into a disaster. He swapped 14.4M ADA worth around $6.9M into the USDA stablecoin on a Cardano DEX, not realizing the liquidity in that pool was extremely thin đ”âđ«
The result? Massive price impact. Instead of receiving millions in USDA, he got only 847,695 USDA, triggering an instant loss of more than $6.05M đž
Blockchain investigator ZachXBT highlighted the case as a textbook example of why swapping huge amounts in low-liquidity pools can be catastrophic. Holding long-term doesnât guarantee safety â one bad exit can wipe everything out.
đ What do you think â user mistake or DeFi UX failure? đ
