$ALPACA
Attention!
ALPACA has been going crazy these days!
On April 30, according to market data, ALPACA briefly broke through $0.91, setting a new high since the announcement of "delisting from Binance" and the subsequent bottoming out, with a cumulative increase of about 3000%. The current quote is $0.82, with a 24-hour increase of 239%.
Not only is the increase astonishing, but the liquidation data is also frightening! Coinglass data shows that the total 24-hour contract trading volume of ALPACA across the network reached $4.445 billion, with the current contract position amounting to $167 million. In the past 4 hours, the total liquidation across the network was $26.87 million, making it the highest liquidation amount for contract pairs in the past 4 hours.
Among them, long positions faced liquidations of $786,000, while short positions faced liquidations of $26.09 million. This liquidation amount significantly exceeds the total of BTC, ETH, and SOL data in the same period and accounts for a large portion of the total liquidations across the network in the past 4 hours.
Currently, there are less than 24 hours until ALPACA's spot trading is delisted from Binance. We will continue to monitor what amazing trends may follow!
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