🔽 Cardano founder says he’s down over $3B in this cycle Charles Hoskinson said during a livestream called “Red Days” that his personal crypto holdings are down more than $3B as the market sold off. The drawdown came with $BTC slipping below $66,000 and $ADA falling to about $0.25, roughly 92% below its 2021 peak. Hoskinson said he has not cashed out and framed the loss as proof of long term commitment to crypto. He contrasted his situation with past industry scandals and stressed having real skin in the game.