Collapse of ALPACA Coin 🩸

In the last hour, the price of ALPACA coin has dropped by 75%!

The reason for the sell-off is that some of the largest holders of the asset dumped their coins on the market.

A classic manipulation scheme: large holders collectively open short positions, after which they massively sell their coins, artificially causing the price to drop and profiting from it.

Another project that, unfortunately, fell victim to this scheme.

$ALPACA #ALPACA #Binance