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

Odaily Planet Daily News Crypto KOL 0xWizard wrote on the X platform about today's ACT price plunge. He said: "Binance adjusted the rules and only gave three hours for market makers to actively or passively close their positions, resulting in a series of liquidations and stampedes. From the initial opening of ACT positions to listing on Binance, and then to the spot being stopped, the highest floating profit exceeded US$10 million. Today, the overall profit was reduced by US$1 million. This is a lesson worth US$10 million."