According to Lookonchain, a cryptocurrency whale has suffered a substantial loss of $2.17 million due to the crash of the $ACT token. This investor had withdrawn 4.58 million $ACT from Binance four months ago, at that time valued at $2.49 million. The current value of these tokens has plummeted to just $320,000, highlighting the high risk associated with holding volatile assets like $ACT. This case underscores the potential financial impact of significant market downturns on large-scale investors.