Crypto: Some altcoins lose up to 50% in just minutes on Binance
On April 1, 2025, several altcoins lost up to 50% of their value in just minutes on Binance. ACT, DEXE, and DF are among the most affected crypto assets. The causes remain unclear. However, margin adjustments and the actions of market makers seem to be responsible.
This collapse occurred despite a globally rising cryptocurrency market. Which raises questions about its causes! According to data, the crypto assets ACT, DEXE, and DF recorded losses of 20 to 50% within minutes. ACT, in particular, lost 50% of its value.
The margin adjustments made by the crypto exchange Binance could be a key explanation. The platform just modified the margins of several perpetual contracts, including that of ACT. According to crypto experts, these adjustments may have created a leverage effect. This triggered automatic liquidations of positions. Hence the token's drop.
In any case, the incident on Binance highlights the fragility of altcoins in a constantly evolving crypto market. As innovation continues to drive this sector, the future of altcoins will depend on their ability to provide real value and overcome the challenges of volatility.