Bloomberg: 86% of traders lost money due to LIBRA, with total losses of $251 million

ChainCatcher news, according to Bloomberg, Nansen data shows that 86% of crypto traders lost money after investing in the LIBRA platform of Argentine President Javier Milei, with total losses amounting to $251 million, while insiders made a profit of $180 million.

Nansen researcher Nicolai Sondergaard pointed out that the agency analyzed over 15,000 crypto wallets and found "very clear on-chain evidence showing a group of 'insiders' profiting unilaterally from retail investors."