The $ALPACA Delisting Pump:
$ALPACA's price surged 10x after Binance announced its delisting. This unexpected pump raises questions about potential market manipulation.
*How It Happened*
1. *Binance delisting announcement*: The news triggered a surge in short positions.
2. *Whales building long positions*: Large traders took advantage of the situation, building massive long positions at low prices.
3. *Spot price pump*: The spot price was aggressively pumped, triggering liquidations and earning funding fees.
4. *Binance's auto-close feature*: On delisting, Binance auto-closes all positions, eliminating exit liquidity concerns for whales.
*Potential Trend*
This event might start a trend of "delisting pumps," where whales exploit the situation to their advantage. However, there are risks involved, such as changes to Binance's rules, which could impact the outcome.#DelistingAlert #ALPACA/USDT #BinanceAlphaPoints #BinanceAlphaAlert #Market_Update