It is clearly a token that is supposed to be "delisted," yet it staged a short-squeeze with $3 billion!

ALPACA surged twice, soaring over 150%, only to crash again. The shorts went crazy, thinking they were safe, only to find out the funding rate was quietly adjusted to "charged every hour."

From announcements, price surges, baiting shorts, to liquidations—step by step, a harvesting feast unfolded. Those who didn't understand paid tuition, and those who did didn't have time to escape.

This is not a market; this is a script. Do you still dare to short blindly? #SEC推迟多个现货ETF审批 #ALPACA #SUI #WLD #OM $BTC $XRP $SOL