فكرة واحدة
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The Binance platform conducted an investigation to uncover the reasons behind the decline in the price of #ACT and some other cryptocurrencies.
📌 The preliminary investigation revealed that four users sold more than one million dollars worth of tokens, leading to a chain reaction. It was found that three VIP users sold tokens worth $514,000 in the spot trading market within a short period, while a non-VIP user transferred a large amount of ACT from another platform and sold tokens worth $540,000 shortly after.
📌 As prices fell, some users' positions in futures contracts were liquidated, leading to a decline in the prices of other tokens. So far, Binance has not identified a single account that made significant profits from this operation. Since these tokens are traded freely in the secondary market, the platform cannot intervene in sales. Binance will continue the investigation and will share updates as necessary.
$XRP
$ACT
$ETH
📌 The preliminary investigation revealed that four users sold more than one million dollars worth of tokens, leading to a chain reaction. It was found that three VIP users sold tokens worth $514,000 in the spot trading market within a short period, while a non-VIP user transferred a large amount of ACT from another platform and sold tokens worth $540,000 shortly after.
📌 As prices fell, some users' positions in futures contracts were liquidated, leading to a decline in the prices of other tokens. So far, Binance has not identified a single account that made significant profits from this operation. Since these tokens are traded freely in the secondary market, the platform cannot intervene in sales. Binance will continue the investigation and will share updates as necessary.
$XRP
$ACT
$ETH
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