Binance’s recent update on leverage and margin levels has triggered substantial price swings in the cryptocurrency market, resulting in significant sell-offs and liquidations. Notably, Solana-based memecoin ACT experienced a drop of over 50% after the announcement. Analysts suggest large sell orders likely contributed to this rapid market reaction. The impact has been widespread, with other cryptocurrencies like DEXE and DF also seeing notable declines of around 23% and 16%, respectively. Concerns remain regarding the stability of existing investments as many traders question the abruptness of these regulatory changes. While some tokens like Compound are showing signs of recovery, market volatility continues to pose uncertainty for investors.