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AMZN $252.28 -0.69%
GOOGL $291.29 -10.77%
MSFT $545.82 +2.92%
META $620.27 -0.59%
NVDA $214.15 -2.58%
TSLA $402.63 -1.68%
SNDK $1,368.87 +0.31%
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SPCX $143.99 -3.79%
MU $953.84 -1.32%
AMD $562.65 -1.30%

0xWizard: Due to Binance's adjustment of rules, ACT spot trading has been negatively impacted, which is a lesson worth 10 million dollars

2025-04-01 20:11:58

ChainCatcher message, encrypted KOL 0xWizard posted on platform X discussing today's ACT price crash event. He stated: "Binance adjusted the rules, only giving three hours for market makers to close positions actively or passively, leading to a chain liquidation and a sell-off. From the initial position in ACT to being listed on Binance, and then to hitting stop-loss in spot trading, the maximum floating profit exceeded 10 million dollars, and today the overall profit after being hit was 1 million dollars. This is a lesson worth 10 million dollars."

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