Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
0xWizard: ACT spot was damaged due to Binance's rule adjustment, which is a lesson worth $10 million

0xWizard: ACT spot was damaged due to Binance's rule adjustment, which is a lesson worth $10 million

CointimeCointime2025/04/01 12:22
By:Cointime

crypto KOL 0xWizard disclosed the event of the sudden drop in ACT price on X platform, stating: "Binance adjusted the rules, giving only three hours to market makers to actively or passively close positions, resulting in a chain of liquidations and stampedes. From the initial position in ACT to listing on Binance, and then being stopped out in spot trading, with a maximum floating profit of over 10 million USD, today's losses amounted to a total profit of 1 million USD. This is a lesson worth 10 million USD."

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!