加密崩溃：备用量

2025年4月1日，几个山寨币在二分钟内损失了其价值的50％。 ACT，DEXE和DF是受影响最大的加密资产之一。

April 1, 2025, saw several altcoins lose up to 50% of their value within minutes on Binance. ACT, DEXE, and DF are among the most affected crypto assets. The causes remain unclear. Nevertheless, marginal adjustments and the actions of market makers seem to be responsible.

2025年4月1日，几个山寨币在二分钟内损失了其价值的50％。 ACT，DEXE和DF是受影响最大的加密资产之一。原因尚不清楚。然而，边际调整和做市商的行动似乎是负责任的。

This crash occurred despite a generally rising cryptocurrency market. Enough to fuel questions about its causes! According to data, crypto assets ACT, DEXE, and DF recorded losses of 20 to 50% within a few minutes. ACT, in particular, lost 50% of its value.

尽管加密货币市场总体上升，但发生了这一崩溃。足以引起有关其原因的问题！根据数据，加密资产法，DEXE和DF在几分钟内记录了20％至50％的损失。特别是ACT损失了其价值的50％。

The marginal adjustments made by the crypto exchange Binance could be a key explanation. The platform has indeed modified the margins for several perpetual contracts, including that of ACT. According to cryptocurrency experts, these adjustments may have created a leverage effect. This triggered automatic liquidations of positions. Hence the drop in the token.

加密交易所二元组进行的边际调整可能是一个关键解释。该平台确实修改了几个永久合同的利润，包括ACT的合同。根据加密货币专家的说法，这些调整可能产生了杠杆作用。这触发了位置的自动清算。因此，令牌下降。

According to data from Arkham, a major market maker known as Wintermute allegedly sold a large quantity of ACT tokens on the same day. This favored the drop in the price of this crypto asset.

根据阿卡姆（Arkham）的数据，据称在同一天出售了大量的ACT令牌。这有利于这种加密资产的价格下降。

Indeed, this kind of action is likely to create a squeeze. This results in massive selling which amplifies the price decline even further.

确实，这种动作可能会造成挤压。这导致大量销售，这进一步扩大了价格下跌。

Among the most affected crypto assets, we also find DEXE, an airdropped governance token for the DeFi ecosystem. According to data, the token lost 30% of its value in a few minutes.

在受影响最大的加密资产中，我们还找到了Dexe，这是Defi生态系统的风道政府令牌。根据数据，令牌在几分钟内损失了其价值的30％。

As for DF, it is an emerging crypto asset focused on the decentralized DNS sector. It is used to manage and resolve domain names on the blockchain.

至于DF，它是一个针对分散的DNS领域的新兴加密资产。它用于管理和解析区块链上的域名。

The rapid crash of several altcoins on April 1 sparked reactions among members of the cryptocurrency community. Some expressed surprise at the speed and magnitude of the price drops.

4月1日，几个山寨币的快速崩溃引发了加密货币社区成员之间的反应。有些人以价格下降的速度和幅度表达了惊喜。

According to cryptocurrency experts, the actions of market makers and the adjustments made by crypto exchanges can have a significant impact on token prices, especially in a highly leveraged market. These adjustments may have contributed to the rapid price changes observed.

根据加密货币专家的说法，做市商的行动和加密交易所的调整可能会对代币价格产生重大影响，尤其是在高度杠杆的市场中。这些调整可能导致了观察到的快速价格变化。

However, it is important to note that the crypto market is constantly evolving and that the causes of such crashes are often multifaceted and can be subject to interpretation.

但是，重要的是要注意，加密货币市场正在不断发展，此类崩溃的原因通常是多方面的，并且可能会受到解释。