Analysis: The abnormal plunge of tokens such as ACT may be related to Binance's modification of contract position limits and multiple rules

Today, ACT and many other Meme tokens have plummeted abnormally. User @YeruiZhang analyzed that it seems that Binance has changed the rules of the contract position limit and multiple. The contract-based MM multiple orders were actively positioned squaring, resulting in high spot contract price spreads. Other robots arbitrage, spot prices were smashed down.
Previously, Binance announced that it would adjust the leverage and margin ladder of multiple U-standard perpetual contracts such as 1000SATSUSDT and ACTUSDT.