$ALPACA On-chain suddenly reveals 50 million death transfers! Is a massive whale escape initiated?
ALPAPA's 30-minute K-line shows narrow fluctuations, with prices repeatedly rubbing in the 0.04-0.08 range, and the actual trading volume (220 million) is only 75% of the estimated volume (290 million), indicating a sluggish market. The main force remains inactive while retail investors lie flat and play dead. This "shrinking volume and downward trend" conceals hidden dangers—violence spikes or large-volume breakdowns cannot be ruled out, and short-term caution is essential against inducement traps!
1. Technical Aspects: Death cross of moving averages, critical situation!
1. Death cross of MA moving averages suppressing, the 5-day line (220 million) and 10-day line (230 million) form a death cross, with prices suppressed below the moving averages, and a clear bearish pattern. Blindly bottom-fishing is akin to catching a knife with bare hands.
2. Continuous shrinkage of volume, with trading volume falling below the warning line for three consecutive days, and strong wait-and-see sentiment from main funds. After a low-volume fluctuation, a change in trend often follows; if key support is broken, panic selling could trigger a waterfall market.
3. The actual trading volume (220 million) is only 75% of the estimated volume (290 million), indicating a sluggish market. The main force remains inactive while retail investors lie flat and play dead. This "shrinking volume and downward trend" conceals hidden dangers—violence spikes or large-volume breakdowns cannot be ruled out, and short-term caution is essential against inducement traps!
2. News Aspects: Whale anomalies + ecological stagnation!
1. On-chain warning: A certain whale transferred 50 million ALPACA (approximately 1.22 million USD) to the exchange, with an average drop of 23% within 48 hours after similar historical movements.
2. Crisis outlook: The community exposes a delay in development progress exceeding two months, and official community interaction has sharply decreased, pushing investor confidence to the brink of collapse.
3. Contract risk: The long-to-short ratio has soared to 1.8, with long leverage concentrated, making it prone to triggering chain liquidations.
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