According to Foresight News, crypto KOL 0xWizard wrote about the ACT price crash, stating, "Binance adjusted the rules, giving only three hours' notice, which led market makers to actively or passively close positions, causing a chain of liquidations and panic selling. From the initial ACT position to listing on Binance and then being stopped out in spot trading, the highest floating profit was over $10 million. Today, after being hit with losses, the overall profit is $1 million. This is a $10 million lesson."
0xWizard: The highest floating profit in ACT was over 10 million US dollars, and the profit was reduced by 1 million US dollars after the crash
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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.
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