PANews reported on April 1 that OKX market data showed that ACT plummeted 49.52% in the past half hour and is currently trading at around US$0.0957.

According to @Web3Tinkle’s disclosure on the X platform, $ACT’s approximately $100 million concentrated holdings on Binance were sold off in just 15 minutes, which shows that the main funds are suspected of large-scale shipments. The coin only has $8 million in holdings on Bybit, which shows that it is highly centralized. The market has long been concerned about such a structure.