Data: After Binance adjusted the ACT leverage strategy, a certain whale was liquidated for 3.79 million dollars

ChainCatcher news, according to on-chain analyst Lookonchain (@lookonchain), Binance exchange recently updated the leverage and margin levels for multiple tokens including ACT, resulting in a forced liquidation of a giant whale's position. The whale's address was liquidated at an ACT price of $0.1877, with losses reaching up to $3.79 million. Since then, the price of the ACT token has subsequently plummeted by over 50%, and market volatility has intensified.