該法案令牌以及其他幾個山寨幣今天在Binance上見證了急劇的低迷

當UTC 10:30左右，當時的多個Altcoins（包括ACT 1：AI預言（ACT））經歷了巨大的價格下降，這是一個戲劇性的事件。

Several tokens, including Act 1: The AI Prophecy (ACT) token, saw substantial slumps on Binance. The crypto community is speculating on the actual cause of the crashes.

包括第1號法案在內的幾個令牌：AI預言（ACT）令牌，對Binance的低迷很大。加密社區正在猜測墜機事故的實際原因。

At around 10:30 UTC on Monday, multiple altcoins on Binance experienced sharp price declines, with some tokens showing triple-digit percentage drops.

週一UTC的10:30左右，多個託管的替代幣經歷了巨大的價格下降，一些令牌顯示了三位數的下降百分比。

Among the affected tokens were Act 1: The AI Prophecy (ACT), which plummeted by over 49% to trade around $0.1 at press time. DEXE also dropped more than 23%, while DF fell by over 16%.

在受影響的令牌中有1幕：AI預言（ACT），在發稿時，其交易量超過49％，交易約為0.1美元。 Dexe也下降了23％以上，而DF下降了16％以上。

Additionally, KAVA, HIPPO, LUMIA, TST, and BANANAS31 suffered significant losses.

此外，Kava，Hippo，Lumia，TST​​和Bananas31遭受了重大損失。

What Happened?

發生了什麼？

The dramatic event began with the rapid execution of large sell orders for several tokens, which triggered a surge in spot trading volume.

戲劇性的事件始於幾個令牌的快速執行大型賣出訂單，這引發了現貨交易量的激增。

Beniduboss, a well-known crypto trader, suggested that a bot linked to Wintermute, a major market-making firm, may have been responsible for the abrupt sell-off.

著名的加密貨幣交易員貝尼杜博斯（Beniduboss）建議，與主要的營銷公司Wintermute有關的機器人可能是造成突然拋售的原因。

He stated that a Wintermute bot might have malfunctioned or suffered a liquidation, leading to the market crash. The analyst noted that it would be difficult for the Wintermute team to present the issue in a way that would not harm the firm’s reputation.

他說，一個冬季機器人可能已經故障或遭受了清算，導致市場崩潰。分析師指出，Wintermute團隊很難以不會損害公司聲譽的方式提出問題。

However, Wintermute’s CEO, Evgeny Gaevoy, dismissed this claim, clarifying that the bot in question was not from Wintermute.

但是，溫特穆特（Wintermute）的首席執行官伊夫根尼·蓋沃伊（Evgeny Gaevoy）駁回了這一說法，澄清說，所討論的機器人不是來自溫特莫特（Wintermute）。

Not us fwiw, but also curious about that post mortem😅— wishfulcynic (@EvgenyGaevoy) April 1, 2025

不是我們的fwiw，而是對那個驗屍的好奇 - 2025年4月1日

Interestingly, an a16zdao partner also alleged that Wintermute was responsible for the collapse of ACT but suggested that a different whale was behind the dumps of other tokens.

有趣的是，一個A16ZDAO的合作夥伴還聲稱Wintermute是對ACT崩潰的造成的，但建議其他令牌的垃圾場後面是另一條鯨魚。

Meanwhile, Vladislav, a crypto analyst, observed that Wintermute had been offloading assets from wallets where they previously acted as market makers. He suggested that either the firm had suffered a hack or something else was wrong.

同時，加密分析師弗拉迪斯拉夫（Vladislav）觀察到，溫特姆特（Wintermute）一直在從錢包中卸下以前擔任做市商的資產。他建議該公司遭受了黑客攻擊或其他問題。

Further analysis from Lookonchain, a blockchain surveillance resource, confirmed that Binance had recently adjusted the leverage and margin tiers for specific tokens, including ACT.

區塊鏈監視資源LookonChain的進一步分析證實，Binance最近已調整了包括ACT在內的特定令牌的槓桿率和保證金層。

Binance updated leverage & margin tiers on tokens like $ACT — and a whale got liquidated for $3.79M at $0.1877.

Binance更新了諸如$ ACT等令牌上的槓桿和保證金層 - 一條鯨魚以379萬美元的價格清算為0.1877美元。

Since then, the price of $ACT has plunged more than 50%.https://t.co/MT0EgNW8ib pic.twitter.com/CRuTR9bwSh

從那以後，$ ACT的價格跌幅超過50％.https：//t.co/mt0egnw8ib pic.twitter.com/crutr9bwsh

— Lookonchain (@lookonchain) April 1, 2025

- lookonchain（@lookonchain）2025年4月1日

This led to a massive liquidation of a whale’s position, amounting to $3.79 million at a price of $0.1877. Following this event, ACT’s price continued to plummet by more than 50%, signaling a cascading effect in the market.

這導致了鯨魚頭寸的大規模清算，總計379萬美元，價格為0.1877美元。在此事件之後，ACT的價格繼續下降了50％以上，這表明市場上的級聯效應。

Moreover, Wu brought attention to disclosures from Benson Sun, a former FTX community partner, which corroborated Lookonchain’s analysis. According to Sun, the primary catalyst behind the crash was Binance’s decision to revise the leverage position limits on ACT.

此外，吳引起了前FTX社區合作夥伴Benson Sun的披露的關注，該合作夥伴證實了Lookonchain的分析。根據Sun的說法，墜機背後的主要催化劑是Binance決定修改ACT的槓杆位置限制。

Benson Sun, former FTX community partner, analyzed that the reason was that Binance adjusted the leverage position limit of ACT. A leverage of one times can only open a maximum position of 4.5 billion US dollars. Some market makers' positions exceeded the limit and were directly...— Wu Blockchain (@WuBlockchain) April 1, 2025

前FTX社區合作夥伴Benson Sun分析了原因是Binance調整了ACT的槓杆位置限制。一次槓桿只能開放45億美元的最高職位。一些做市商的職位超過了限制，直接... - 吳2025年4月1日（@wublockchain）

The new rules imposed a restriction where traders using 1x leverage could only open positions up to $4.5 billion. As a result, several market makers who had exceeded this threshold saw their positions forcibly closed at market prices.

新規定施加了限制，其中使用1倍槓桿的交易者只能開放最高45億美元的頭寸。結果，幾位超出這個門檻的做市商看到他們的頭寸被強行關閉，以市場價格關閉。

Finally, this abrupt liquidation led to a sharp contract price drop, which in turn created a significant disparity between the contract price and the spot price, ultimately triggering a sell-off.

最後，這種突然的清算導致合同價格下跌，這反過來又在合同價格和現貨價格之間造成了顯著差異，最終觸發了拋售。