In an unusual move, the $ALPACA currency witnessed a skyrocketing increase of over +376% before its delisting from the Binance platform on May 2, 2025.

Typically, currencies announced for delisting from major platforms see a significant drop in value, as traders tend to open short positions relying on this well-known scenario. However, what happened with ALPACA was completely the opposite of what was expected, as the price suddenly surged, resulting in massive losses for those who bet on the collapse.

This raises the question: Is there manipulation by large whales to liquidate short positions and achieve huge profits?