"'Argentina' LIBRA Investors Suffer 86% Losses"

Source
JH Kim

Summary

  • Bloomberg reported that 86% of LIBRA investors suffered losses of approximately $251 million.
  • Meanwhile, LIBRA team insiders gained profits of $180 million.
  • A Nansen analyst revealed there is clear on-chain evidence that LIBRA insiders profited from retail investors.

Bloomberg reported on the 19th (local time), citing Nansen data, that an estimated 86% of LIBRA investors have suffered losses.

The media outlet explained, "The scale of investor losses from this incident is approximately $251 million," adding that "Meanwhile, LIBRA team insiders appear to have gained $180 million in profits."

Nicolai Sondergaard, a Nansen analyst, explained, "After analyzing 15,000 wallets, there is clear on-chain evidence that LIBRA insiders profited from retail investors."

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JH Kim

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