$ALPACA

Based on the latest trading data and chart analysis of #ALPACA — it’s clear we’re witnessing one of the most manipulated market cycles in recent memory. Despite the coin’s delisting scheduled for May 2, it has skyrocketed over +250%, but here’s what’s really happening under the hood.

The 24h money inflow shows a steep outflow of -$63M, confirming there’s no organic buy-side strength—liquidity is vanishing fast. Meanwhile, long-short ratios show whales have shifted to aggressive long positions, while most top traders are shorting—this imbalance is a classic trap setup. Open interest of $ALPACA is still surging, indicating more leverage is pouring in, likely to bait retail into both sides before a final flush. Margin debt has spiked, yet taker sell volume is leading, meaning real buyers are thinning out.

In short, this isn’t healthy price action—it’s a liquidation game. The token is being propped up not by fundamentals or utility, but by short squeezes, thin books, and exit liquidity tactics. The rise is sharp, but the fall may be sharper.

Stay cautious.