该法案令牌以及其他几个山寨币今天在Binance上见证了急剧的低迷

当UTC 10:30左右，当时的多个Altcoins（包括ACT 1：AI预言（ACT））经历了巨大的价格下降，这是一个戏剧性的事件。

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号法案在内的几个令牌：AI预言（ACT）令牌，对Binance的低迷很大。加密社区正在猜测坠机事故的实际原因。

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

周一UTC的10:30左右，多个托管的替代币经历了巨大的价格下降，一些令牌显示了三位数的下降百分比。

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%.

在受影响的令牌中有1幕：AI预言（ACT），在发稿时，其交易量超过49％，交易约为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遭受了重大损失。

What Happened?

发生了什么？

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

戏剧性的事件始于几个令牌的快速执行大型卖出订单，这引发了现货交易量的激增。

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.

著名的加密货币交易员贝尼杜博斯（Beniduboss）建议，与主要的营销公司Wintermute有关的机器人可能是造成突然抛售的原因。

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.

他说，一个冬季机器人可能已经故障或遭受了清算，导致市场崩溃。分析师指出，Wintermute团队很难以不会损害公司声誉的方式提出问题。

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

但是，温特穆特（Wintermute）的首席执行官伊夫根尼·盖沃伊（Evgeny Gaevoy）驳回了这一说法，澄清说，所讨论的机器人不是来自温特莫特（Wintermute）。

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

不是我们的fwiw，而是对那个验尸的好奇 - 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，一个A16ZDAO的合作伙伴还声称Wintermute是对ACT崩溃的造成的，但建议其他令牌的垃圾场后面是另一条鲸鱼。

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.

同时，加密分析师弗拉迪斯拉夫（Vladislav）观察到，温特姆特（Wintermute）一直在从钱包中卸下以前担任做市商的资产。他建议该公司遭受了黑客攻击或其他问题。

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

区块链监视资源LookonChain的进一步分析证实，Binance最近已调整了包括ACT在内的特定令牌的杠杆率和保证金层。

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

Binance更新了诸如$ ACT等令牌上的杠杆和保证金层 - 一条鲸鱼以379万美元的价格清算为0.1877美元。

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

从那以后，$ ACT的价格跌幅超过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.

这导致了鲸鱼头寸的大规模清算，总计379万美元，价格为0.1877美元。在此事件之后，ACT的价格继续下降了50％以上，这表明市场上的级联效应。

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，吴引起了前FTX社区合作伙伴Benson Sun的披露的关注，该合作伙伴证实了Lookonchain的分析。根据Sun的说法，坠机背后的主要催化剂是Binance决定修改ACT的杠杆位置限制。

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社区合作伙伴Benson Sun分析了原因是Binance调整了ACT的杠杆位置限制。一次杠杆只能开放45亿美元的最高职位。一些做市商的职位超过了限制，直接... - 吴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.

新规定施加了限制，其中使用1倍杠杆的交易者只能开放最高45亿美元的头寸。结果，几位超出这个门槛的做市商看到他们的头寸被强行关闭，以市场价格关闭。

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.

最后，这种突然的清算导致合同价格下跌，这反过来又在合同价格和现货价格之间造成了显着差异，最终触发了抛售。