$ALPACA The truth behind the crazy price increase of more than 40 times in just a few days. When a token has no trades and no volume to the point that Binance has to vote on delisting, it means that there are very few or no interested parties, and most of the circulating supply is still in the hands of the Team. When the delisting news comes out... Normally, if the Team also dumps and sells, there would be no buyers and no liquidity to offload. So the Team made a bold move by accumulating Long positions on Futures because when the date of April 30 arrives, all Long or Short orders must be settled, creating liquidity for the Long side. And on the Spot market, instead of selling, the team used money to buy and drive the price up to profit from the Funding fee. They keep putting money into the Spot to push it up, while Long positions on Futures earn from Funding while waiting for the closing date. On the Spot market, due to the amount of supply the Team holds, pushing up without selling makes the price rise very easily. This is a classic example of "Reverse Thinking." After 3 hours today, after closing the Long Futures deal, the batch of supply on the Spot will only be gradually released until May 2. This is really interesting. This is my personal opinion; I do not recommend buying or selling because honestly, it scares me when I look at it. 🤣🤣🤣🤣
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