Collapse of the ALPACA coin 🩸

In the last hour, the ALPACA coin has dropped in price by 75%!

The reason for the drop is that some of the largest holders of the asset dumped their coins on the market.

A classic manipulation scheme: large holders jointly open short positions, after which they massively sell their coins, thereby artificially causing the price to drop and profiting from it.

Another project that, unfortunately, has fallen victim to this scheme.

$ALPACA #ALPACA #Binance