#BSCUserExperiences

The community blames Wintermute for the sudden deep drop of several coins: ACT, DEXE, DF,…

Wintermute: "It's not us, we haven't done anything, we haven't touched anything..."

✅Update: For ACT, the reason is believed to be due to Binance adjusting the leverage limits. With 1x leverage, the maximum position size can only be $4.5 million.

Some market makers had positions exceeding this limit but could not react in time, resulting in orders being closed directly at market price. This led to a rapid dump.