It is said that the alpaca dog fund uses delisting news to attract speculators to short, and then turns around to go long, directly blowing up all the shorts. Additionally, ALPACA's funding rate once dropped to -2%, which means that shorts not only face the risk of liquidation but also have to pay high "interest," accelerating liquidations and pushing up prices. Meanwhile, the dog fund's long positions also benefit from the interest, and then they recycle the money to pump and go long, resulting in a 10x increase when delisting occurs.
However, for coins that are already heavily controlled, the final outcome is just a needle sticking to the bottom, and it can give you a "free fall" in no time. When the exchange posts a delisting announcement, it will directly drop to zero. The crazier it rises now, the tighter the trap will be later!
