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🚨 ALERT 🚨 CARDANO IN TROUBLE… $0.40 support CRACKED, flash crash to $0.31
cardano facing renewed pressure post-network partition bug reveals: ada price dips under $0.40, incident report details partition bug requiring node updates, trader
Key notes 📝
– Stakeholders released a post-mortem on a Cardano shard exploit.
– ADA price dropped under $0.40 with a 3% decline.
– Cardano teams published an incident report on a partition bug discovered on November 21, requiring node updates to address.
– Despite technical upgrades, trader sentiment weakened due to network disruptions, impacting Cardano derivatives markets.
Derivatives Markets 📉
– ADA fell below $0.40, prompting concerns among traders.
– Significant short leverage ($91 million) compared to long ($11.5 million) raises liquidation risks.
– Market analysis suggests a flash crash risk to $0.31 if support remains limited.
Cardano faces renewed pressure after network partition bug sparks market anxiety
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