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Cardano's Charles Hoskinson reveals $3 billion unrealized loss in crypto rout
Yahoo Finance· 2026-02-07 16:50
Cardano (ADA) founder Charles Hoskinson said he is sitting on more than $3 billion in unrealized losses during the current crypto market downturn, offering a rare look at his personal exposure during a period of sharp declines. Speaking from Tokyo in a live broadcast, Hoskinson addressed a market rattled by forced liquidations and falling prices in an inspirational message. Bitcoin (BTC) dropped to around $60,000 during the week, losing about 16% of its value, while the broader CoinDesk 20 (CD20) index fe ...