Contract $ALPACA is delisted today, holding risks under extreme volatility
Recent Price Trend (Daily Chart):
After a prolonged decline, ALPACA experienced an extreme surge today (April 30), with prices skyrocketing in a short period of time, currently fluctuating violently at a high point (around 0.045 USDT).
Position Data Analysis:
Before today's sharp price fluctuations (around 11:49), the total open interest of ALPACA contracts reached approximately 205 million, with a position value of 96 M. This is a very large and extremely risky position size on the day of contract delisting. The trend of position changes shows complexity across different timeframes, with no clear consistent direction.
Technical Analysis (Daily Chart):
Price fluctuations are extremely violent, and today's trend is entirely dominated by the delisting event, with abnormal technical patterns.
Comprehensive Analysis and Risk Considerations:
The abnormal and massive price fluctuations in ALPACA today are most likely directly caused by the forced liquidations and capital games triggered by the contract facing delisting. With as much as 200 million open contracts still existing on the last day before delisting, the current market is in an extremely high-risk state. The price trend has deviated from regular technical analysis.
Although ALPACA has a high score on the AI leaderboard (reflecting positive evaluations from previous models), all analyses must prioritize risk avoidance in the face of this decisive event of contract delisting.
Risk Warning: The delisting of ALPACA contracts today is the most core and urgent risk. The enormous open positions face significant uncertainty of forced liquidation or settlement according to platform rules, potentially leading to uncontrollable losses. Market risk is extremely high; for teachers holding ALPACA contracts, proactively closing positions as soon as possible is advised to avoid back-and-forth fluctuations.