Crypto: Altcoins Lose Up To 50% In Just A Few Minutes On Binance

On April 1, 2025, several altcoins lost up to 50% of their value within minutes on Binance. ACT, DEXE, and DF are among the most affected crypto assets. The causes remain unclear. Nevertheless, marginal adjustments and the actions of market makers seem to be responsible.

Crypto crash: spectacular drops on Binance

This crash occurred despite a generally rising cryptocurrency market. Enough to fuel questions about its causes! According to data, crypto assets ACT, DEXE, and DF recorded losses of 20 to 50% within a few minutes. ACT, in particular, lost 50% of its value.

The marginal adjustments made by the crypto exchange Binance could be a key explanation. The platform has indeed modified the margins for several perpetual contracts, including that of ACT. According to cryptocurrency experts, these adjustments may have created a leverage effect. This triggered automatic liquidations of positions. Hence the drop in the token.

Drop in altcoins: market makers are also to blame!

According to data from Arkham, a major market maker known as Wintermute allegedly sold a large quantity of ACT tokens on the same day. This favored the drop in the price of this crypto asset.

Indeed, this kind of action is likely to create a squeeze. This results in massive selling which:

• pushes prices down.
• encourages other crypto traders to liquidate their positions.

ACT is among the most popular crypto AIs at the moment. The proof: this memecoin reached a market capitalization of $890 million in 2024. After several episodes of volatility, its capitalization has unfortunately dropped by 85%. It currently stands at around $95 million.

In any case, the incident on Binance highlights the fragility of altcoins in a constantly evolving crypto market. While innovation continues to drive this sector, the future of altcoins will depend on their ability to provide real added value and overcome the challenges of volatility.