Why does Alpaca become more explosive as it gets delisted? Does the dog fund fear losing money when pulling the market?

The truth behind Alpaca's operations revealed!

The specific approach is that the dog fund first collects market chips through sharp rises and falls, combined with negative news, thereby gaining control over the pricing power of the spot market;

Secondly, by having the platform's funding rate be severely negative, they look for a unified front for long positions 3 days to a week before the delisting date, which leads to excessive influence on prices caused by the entire market going short;

Again, as the delisting date approaches, the dog fund starts to pull the market with reduced volume by collecting good spot chips while opening long positions, coordinating to push the prices up, continuously forcing shorts to cover, which also directly leads to price increases;

Finally, the dog fund slowly starts to sell off, and this rise particularly requires a large number of long traders to close their positions, as well as short traders to open short positions. Closing positions by long traders can provide buy orders when the fund opens long positions, and short traders opening short positions can provide sell orders when the fund closes long positions.