Subsequent Update: The Alpaca official deleted the announcement tweet and subsequently posted a new tweet stating that they will not distribute coins. Previously, the comments under this post were all from @ Sisi and Sister Yi, and the project party might also be worried about being tracked, reviewed by exchanges, or even having their accounts frozen. $ALPACA

Translate this evening's official announcement: After Alpaca was officially delisted by Binance, there were too many people shorting it, which led to a spike in the price as many followed suit. Now, the futures open interest is nearly 30 million.

However, there are only 5 days left until the delisting, so the market makers are asking Alpaca to lend more ALPACA to them in order to sell off some coins before the delisting, squeezing out the last bit of liquidity from Binance. In the future, these tokens will be bought back at a lower price and returned to the project team. $ALPACA