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by: xpoolPosted on: April 1, 2025

Binance Leverage Adjustments Trigger Sudden Altcoin Drop: Expert Analyzes

Today saw a sharp decline in prices of various altcoins listed on Binance, with ACT/USDT dropping over 49% within 30 minutes. DEXE/USDT experienced similar steep losses exceeding 23%, and DF/USDT fell by over 16%. This sudden price crash was attributed to large sell orders executed rapidly, leading to a surge in trading volume.

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