CRYPTO MECHANIC
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The market makers literally destroyed $ALPACA shorts.
Will it happen with other tokens getting delisted?
Well With Alpaca it was different because alpaca had futures pair also.
Traders shorted it thinking it will go down because of delisting announcement (The easiest money they can ever make) but guess what happened they all got busted with a 20x move in just 7 days.
Eventually it will end up going down but this is the perfect lesson to learn that the market can always do the unexpected. I never touch tokens that about to delisted.
Will it happen with other tokens getting delisted?
Well With Alpaca it was different because alpaca had futures pair also.
Traders shorted it thinking it will go down because of delisting announcement (The easiest money they can ever make) but guess what happened they all got busted with a 20x move in just 7 days.
Eventually it will end up going down but this is the perfect lesson to learn that the market can always do the unexpected. I never touch tokens that about to delisted.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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