$ACT Long Liquidation Disaster: $1,071.1 Erased at $0.33471
The $ACT market just witnessed a brutal liquidation event as $1,071.1 worth of long positions were wiped out at $0.33471.
This sudden price drop caught traders off guard, triggering a cascade of forced closures and leaving bulls reeling in disbelief.
The $0.33471 price point acted as a deadly threshold, unleashing a wave of liquidations that swept through the market like wildfire.
For those holding long positions, it was a devastating reminder of how quickly fortunes can evaporate in the volatile world of crypto.
What caused this sudden price reversal? Was it a whale’s power play, a market correction, or something more sinister?
As traders scramble to recover, all eyes are now on $ACT’s next move.
With the market in disarray, the big question remains: is this the end of the road for $ACT or will the price rebound and give bulls a chance to recover?
In crypto, anything can happen in an instant, and this event is proof that volatility is always lurking.