TechFlow news, on April 2, the ACT community posted a response stating that the ACT token experienced a significant price drop within the past 24 hours. This decline was primarily triggered by Binance's sudden adjustments to leverage and margin tiers on March 31 and April 1. According to Binance's preliminary investigation, four users—including three VIP users—collectively sold over $1 million worth of ACT tokens, triggering a chain liquidation effect. The project emphasized that this incident was not caused by internal project issues. The ACT team will continue focusing on building AI infrastructure for Web3 and will showcase its latest achievements at the Token2049 conference at the end of this month.
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