Flash Crash on Binance: ACT, DEXE and other crypto tokens plummet up to 50% due to an alleged bull trading bot error
Several tokens experienced a sudden crash on Binance. The causes could be related to a glitch in a market making bot or changes to the rules on derivatives. This morning, shortly after 11:00 UTC, some tokens on Binance experienced a sudden and synchronized drop, without apparent reasons. The price of Act I, the Prophecy (ACT) fell by 50%, followed by DeXe (DEXE) with -30% and dForce (DF) with about -20%.