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0xWizard: Losing ACT spot due to Binance adjustment rules is a lesson worth $10 million

金色财经
金色财经|4月 01, 2025 12:01
According to a report by Golden Finance, crypto KOL 0xWizard disclosed today's ACT price crash on X platform in a post. He said, "Binance adjusted its rules and only gave three hours for market makers to actively or passively close positions, leading to a chain of liquidation and stampede. From the initial opening of ACT to listing on Binance, and then to spot being hit with stop loss, the highest floating profit exceeded 10 million US dollars. Today, the overall profit was hit and lost by 1 million US dollars. This is a lesson worth 10 million US dollars
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Timeline

4月 24, 14:04【The difference and impact of liquidation, closing, and short selling】
4月 23, 15:59【Argentina discusses macroeconomic stability with the International Monetary Fund】
4月 21, 01:52【Arbitrage dispute resolution is complex and subtle】
4月 16, 11:54【The MANTRA team did not sell and plans to initiate a repurchase and destruction mechanism】
4月 14, 11:58【Market crash triggered by the departure of market makers】
4月 14, 01:42【The sharp decline in OM is not caused by Binance, but by other CEX's improper forced liquidation】
4月 14, 00:19【CEX's reckless liquidation leads to a sharp drop in OM, which may involve market manipulation】
4月 13, 23:49【CEX's reckless liquidation caused OM to plummet】
4月 12, 07:08【Exchange system issues and user losses】
4月 10, 07:20【Backpack CEO mentions lessons from FTX and Alameda】

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