BINANCE & WINTERMUTE ARE UNDER SUSPICION FOR THE COLLAPSE OF ACT & MANY OTHER ALTCOINS
• Binance suddenly changed the leverage and margin requirements for many pairs, including ACT => Requires more funds in the account => If not enough, positions may be liquidated.
• A whale was triggered to liquidate $3.79 million at the $0.187 mark after the news.
• There have been multiple sell-offs of ACT & several other memecoins from Wintermute.
=> All information is gathered from various sources, and everything remains speculative; I will update soon if more information becomes available.