LIBRA Crash Leaves Traders with $251M in Losses

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Buenos Aires.- Losses for the "cryptofiasco" of $LIBRA, whose value was triggered last Friday, after the Argentine president, Javier Milei, disseminated its launch, and then collapsed, amount to 251 million dollars, according to data published by the consultant Nansen.According to the firm, specialized in analysis of the sector cryptocurrencies, 86 percent of the investors who bought $LIBRA lost money, while the rest managed to make profits for …

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$LIBRA’s Dramatic Plunge Costs Traders $251M Amid Argentina Scandal

The weekend brought considerable turbulence to the cryptocurrency market, with $LIBRA , the native token of the well-known decentralized project, crashing in price—and crashing hard. The price plunge left investors holding $LIBRA with a breathtaking $251 million less than they had before the price d...

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LIBRA Crash Leaves Traders with $251M in Losses

The post LIBRA Crash Leaves Traders with $251M in Losses appeared on BitcoinEthereumNews.com. LIBRA’s price peaked at $4.55 before falling 80%, costing investors $251 million in total losses. Two wallets earned $5.4M and $5.1M respectively within 43 minutes of LIBRA’s launch. Unique holders dropped from 50.7k to 31.95k between February 14 and February 20. LIBRA launched on February 14, 2025, after Argentina’s President Javier Milei endorsed it o…

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Some Wallets Still Trading LIBRA Despite $251 Million Losses: Nansen

A presidential endorsement fueled the Solana meme coin's rise before its collapse, leaving thousands holding empty bags.

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The losses due to the cryptofiasco of $LIBRA, whose value skyrocketed last Friday after the Argentine president, Javier Milei, disseminated its launch, and then collapsed, amount to 251 million dollars —about 240 million euros to change—, according to data published by the consultant Nansen and collected by EFE. According to the firm, specialized in analysis of the sector cryptocurrencies, 86% of the investors who bought $LIBRA lost money, while…

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Nansen’s team estimates that 86% of the wallets that invested in the token recorded losses of more than $1 billion, totaling an amount that exceeds $251 million. *** 86% of LIBRA’s traders lost money. Nansen estimates the losses at more than $251 million. Token reached a market value of $4 billion before collapsing 95%. Javier Milei faces fraud charges after promoting memecoin.