PANews reported on April 2 that according to Binance’s announcement, three VIP users and one non-VIP user sold more than 1.05 million USDT of ACT tokens in the spot market, causing a sharp drop in the price of ACT, causing some users’ futures positions to be liquidated, and affecting the prices of other low-market-value tokens. No account has been found to have profited from this, and Binance is investigating further. Because ACT is fully circulated, the platform cannot restrict trading behavior. To prevent risks, the leverage of ACTUSDT contracts has been reduced. Binance reminds users to do a good job of risk management. According to previous news, ACT plummeted by about 50% in half an hour.