🚨𝗔𝗟𝗣𝗔𝗖𝗔 𝗽𝘂𝗺𝗽𝗲𝗱 𝗳𝗿𝗼𝗺 $𝟬.𝟬𝟯 𝘁𝗼 $𝟬.𝟮𝟭𝟳 𝗶𝗻 𝗷𝘂𝘀𝘁 𝟮 𝗱𝗮𝘆𝘀.

Want to know why❓

Here is how this all happened: 👇

Binance announced the delisting of ALPACA on 24th April, along with a few more tokens.

Traders started to short ALPACA heavily as they were expecting a dump.

But #ALPACA started to pump after this news.

Shorts got rekt and more liquidation caused the price to go up.

Now $ALPACA is up 7 times in just the last 2 days.

Despite this, it is still down 98% from its ATH.

Now its funding rate is -24.4%/day on #Binance ; it indicates how aggressively ALPACA is getting shorted.

Whales are just manipulating the price and liquidating shorts.

We have seen this multiple times when whales pump the prices just to attract more retailers to make them exit liquidity.

My advice is to stay away from trading such tokens and protect your portfolio.