What can one overlooked change on an exchange cost you? For one crypto trader, it was nearly $4 million. And it turns out — he wasn’t the only one caught in the storm.
🔧 Binance Adjusted Leverage – and Triggered a Chain Reaction
On April 1, 2025, popular exchange Binance implemented changes to the leverage and margin levels for a lesser-known token: Acet (ACT). As a result, the token's price plummeted by over 50%, causing massive liquidations.
One anonymous investor reportedly suffered a $3.79 million loss, while another lost over $2 million, according to Lookonchain. His portfolio collapsed from $2.49 million to just $320,000 — in a matter of hours.
📉 What Happened to ACT?
The price of ACT fell to $0.06137, down 15% in the last 24 hours.
Its trading volume dropped by 56%, reflecting shattered investor confidence. The current market cap sits at $77.2 million, but its future remains uncertain.
🧨 Binance Faces Backlash: Error or Warning?
Within the crypto community, Binance’s move is being labeled a serious misstep.
Sudden margin and leverage changes — especially without ample warning — can crush investors, particularly those holding high-risk tokens.
In this case, mass liquidations accelerated the price crash, triggering a domino effect that many weren’t prepared for.
📌 A Lesson for All Traders: Stay Alert, React Fast
This is a harsh reminder that crypto markets can change in a matter of minutes.
Even standard tools like leverage and margin can become financial traps if left unmanaged.
Traders should:
Follow exchange updates carefully,Adjust positions regularly,Manage risk diligently — especially during times of extreme volatility.
🌐 Political Pressure Adds Fuel to the Fire
The chaos isn’t only market-driven.
The broader environment is tense as Trump’s trade war escalations continue to rattle global markets — adding more pressure to already volatile crypto assets.
🧠 Takeaway: Small Token, Huge Consequences
Losing nearly $4 million because of one missed update is a stark reminder: crypto offers not only big gains — but also extraordinary risk.
🔍 Don't invest blindly. Stay informed, stay nimble — or you risk massive losses.
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