Криптовалютний трейдер втратив $3,8 мільйона за добу через криптовалютну біржу Binance

An anonymous crypto trader suffered a loss of $ 3.79 million due to Binance 's sudden update of leverage and margin requirements for a number of cryptocurrency tokens. The trader’s position in the Act I token (ACT) was the most affected, and it became one of the largest individual losses on the market on April 1, 2025.

The position was liquidated at $ 0.1877, after which the value of the ACT token continued to fall to $ 0.1018, which is a 46% drop over the day and almost 50% over the week. The sharp drop in price caused problems for other traders who used leverage to trade this token.

The changes to Binance 's trading rules came into effect on April 1 at 10:30 a.m. UTC. They affected USDⓈ-M futures contracts for such tokens as ACTUSDT, 1000SATSUSDT, PNUTUSDT, NEOUSDT, TURBOUSDT, and others. It is important to note that the update affected not only new but also existing positions, which significantly increased the risk of forced liquidation for traders who did not have time to react to the changes.

Although the exchange announced the upcoming changes on its blog and recommended that traders review their open positions, it is clear that some large investors did not have time to adapt their strategies to the new conditions.

In cryptocurrency trading with leverage, even minor changes in parameters can have serious consequences. Leverage allows you to control significant amounts with relatively little equity, but at the same time makes a trader more vulnerable to changes in market conditions. The margin level determines the required amount of collateral to maintain a position, and when the exchange changes these requirements, it can cause mass liquidations due to non-compliance with the new conditions.

The situation with the ACT token has also affected the broader market, especially tokens related to artificial intelligence projects. This case clearly demonstrates the high level of risk inherent in futures trading in the face of changing cryptocurrency exchange policies.