#ALPACA Let's dissect the manipulative operations of $ALPACA orchestrated by the market maker, treating retail investors like crops to be harvested! Upon review, it's all a scheme; everyone, keep your eyes wide open and see clearly.
High-energy timeline throughout:
1️⃣ Starting from April 19, the market maker began secretly hoarding spot assets and opening long contracts; remember this date, it's all a setup for what's to come!
2️⃣ On the 24th, BN just announced the removal of contracts and spot assets, and the market maker immediately made small moves following the news: first, they slightly pumped the coin price, intentionally letting retail investors 'discover the opportunity; it's a rise, not a fall, six hundred sixty-six.'
3️⃣ On the 25th, they directly launched a violent price surge, drawing all retail investors' attention, luring you to follow in buying while simultaneously encouraging you to open short positions; at this time, the funding rates plummeted into the negatives, and the market maker secretly earned commission spreads, treating retail investors like ATM machines.
4️⃣ On the 26th, they pushed the price to a new high, and the first wave of short contracts directly blew up, allowing the market maker to pocket the first round of blood money.
5️⃣ On the 27th, they suddenly crashed the price, first harvesting a wave of retail investors, then intentionally letting those who shorted 'see hope,' attracting more shorts to enter, inflating the rates even higher, waiting for the next round of harvesting.
6️⃣ On the 28th, they pumped the price again, washing out the first batch of latecomers, while the second batch of shorts got liquidated; the higher the price, the more retail investors thought 'shorting can earn money,' all jumping into the trap.
7️⃣ On the 29th, they crashed the price again, retail investors got harvested once more; by this time, even if the shorts earned some fees over a few days, their capital had already lost significantly, and the crash couldn't save them.
8️⃣ Here comes the key point! Today (30th), everyone knows the market maker's operations; they launched another violent price surge, pushing it directly to historical highs, intentionally making retail investors feel 'it can still rise,' fooling the last batch of shorts to enter. By 5 PM, as the deadline approaches, the market maker will crash the price through the floor, completing the final harvest, leaving with the retail investors' money!
The entire process is a textbook manipulation of human nature: greed, luck, the desire to bottom fish... all clearly played by the market maker. Remember this operation; in the future, when you see the combination of 'sudden price surge + removal news + funding rate manipulation,' run quickly; don't be fuel for the market maker!