$ALPACA This coin is quite interesting. A few days ago, news broke that Binance would delist it on May 2nd. Logically, such bad news should cause the token to plummet, but it instead put on a rollercoaster show of 'explosive rise - sharp fall - and then another explosive rise'.

First, it surged over 10 times within two days after the delisting news, then it crashed sharply, and today it surged again by 45%. The methods of the manipulators are becoming increasingly sophisticated.

In my opinion, this wave of ALPACA is entirely a harvesting operation meticulously planned by the manipulators. Its low market cap and high control characteristics make it a perfect target for manipulation. Accumulating, pumping, shorting, and crashing—every step is textbook perfect.

Especially in the three days before the delisting, the hard-earned money of retail investors became their windfall. Data shows that ALPACA's trading volume surged, and the amount of liquidated contracts exceeded ten million, with the main players leveraging minimal costs to generate maximum profits.

Putting aside conspiracy theories, it reminds us: the game of small DeFi coins is never a contest of technology, but rather a gladiatorial arena of human nature. The story of ALPACA's leveraged yield farming sounds beautiful, but can it continue after the delisting? I fear even the manipulators themselves are not concerned. Be cautious when chasing highs; the scythe that harvests retail investors does not recognize anyone. #ALPACA