PANews reported on April 2 that according to the post-event review released by ACT officials, the ACT token experienced a sharp decline in the past 24 hours. This was due to Binance's sudden adjustment of the leverage and margin rules of multiple currencies including ACT between March 31 and April 1, which forced a large number of high-leverage positions to be closed, resulting in selling pressure. According to Binance's preliminary investigation, 4 users (including 3 VIPs) sold more than $1 million in ACT, triggering a chain of liquidations. The team emphasized that the ACT project itself has no technical or internal control issues, and will continue to focus on AI and decentralized infrastructure construction, and will release progress on Token2049 at the end of the month.