A wallet that hadn’t moved in 5 years just swapped 14.45M ADA (~$7M) for the USDA stablecoin. Due to extremely low liquidity, it received only 847,694 USDA, resulting in an effective $6.2M loss on the trade. $ADA
Not worried about further downside. Says his strategy can handle 80–90% Bitcoin drawdown without issues. Classic Saylor energy: “We don’t sell. We survive.”