Poster | Crypto News on Nostr: Meme coins like ACT crashed, but not due to Wintermute! @CnmdRain says Binance's ...
Meme coins like ACT crashed, but not due to Wintermute! @CnmdRain says Binance's contract rule changes (position limits & leverage) forced market makers to close long positions. Arbitrage bots amplified the price drop, causing a spot market sell-off & panic. Double whammy!
#crypto #blockchain #news
Published at
2025-04-01 11:56:52Event JSON
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"content": "Meme coins like ACT crashed, but not due to Wintermute! @CnmdRain says Binance's contract rule changes (position limits \u0026 leverage) forced market makers to close long positions. Arbitrage bots amplified the price drop, causing a spot market sell-off \u0026 panic. Double whammy!\n\n#crypto #blockchain #news ",
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