Bloomberg: 86% of traders lose money due to LIBRA, accumulating losses of $251 million
According to Bloomberg, Nansen data shows that 86% of crypto traders lost money after investing in LIBRA on the platform of Argentine President Javier Milei, accumulating losses of $251 million, while insiders made profits of $180 million.
Nansen researcher Nicolai Sondergaard noted that the agency analyzed more than 15,000 crypto wallets and found "very clear on-chain evidence of a group of'insiders' unilaterally profiting from retail investors."