Personal analysis on the abnormal surge of $ALPACA after being delisted from Binance:
This situation is essentially a precise harvesting strategy utilized by whales taking advantage of exchange rules. When Binance announced the delisting decision, the vast majority of people in the market reacted by shorting. At this point, the whales operated in the opposite direction. They first established a massive long position in the futures market, using Binance's highest fee mechanism to make the short sellers bleed every hour.
What’s even harsher is that while the whales use spot trading to drive up prices, they simultaneously allow their futures long positions to generate huge unrealized profits. For them, the profits from futures trading far exceed those from spot trading. The key point is that Binance will automatically liquidate expiring contracts, so the whales don’t even need to operate themselves to lock in profits. After the contracts expire, they begin to slowly offload the spot holdings they previously accumulated.
Therefore, the operational window is very clear: don't easily short before the contract is delisted; during this period, prices could be driven to very exaggerated levels. But the buffer period after the contract ends and spot delisting is when the whales unload their holdings, at which point the price will collapse in a very ugly manner. Playing this coin now is essentially racing against the whales to see who can escape faster; ordinary people should clarify the game rules before deciding whether to participate.
Are you trapped? When to buy the dip? As the saying goes, if you're confused and helpless, not knowing what to do, like and comment. I need fans, you need references; guessing blindly is worse than being strategic!
