0xWizard: ACT spot was damaged due to Binance's rule adjustment, which is a lesson worth $10 million
This article is machine translated
Show original
Planet Daily News: Crypto KOL 0xWizard posted on X platform discussing today's ACT price crash, stating: "Binance adjusted the rules, giving only three hours' notice, which caused market makers to actively or passively close positions, leading to a chain of liquidations and panic selling. From initially establishing a position in ACT to listing on Binance and then being stopped out in spot trading, I had unrealized profits over $10 million, and today's losses resulted in an overall profit of $1 million. This is a $10 million lesson."
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
