Sudden altcoin crash on Binance sparks speculation over bots and delistings

Multiple altcoins on Binance Exchange, including ACT, DEXE and DF, plunged sharply—ACT fell over 49% in 30 minutes—following a wave of large sell orders that spiked spot trading volume, according to Wu Blockchain on X. While an X user pointed to a possible malfunction in a Wintermute trading bot, the company’s CEO denied any issues. The abrupt drop has led to speculation around bot errors, mass delistings or even a potential security breach.