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