Delisting = Surge?
Alpaca's 30x surge taught everyone a lesson!
Everyone thought delisting was a negative signal, and retail investors all rushed to short, but it played right into the hands of the big players. In fact, before the delisting news, the big players were already quietly accumulating coins, waiting for the shorts to pile up, and then they immediately pumped the price, directly blowing up the shorts.
The Alpaca that was to be delisted not only didn't drop but surged instead, skyrocketing 30 times, peaking at $1.27, with over $52 million in liquidations in 24 hours, more than the liquidation volume of $BTC !
The funding rate settlement changed from 8 hours to 1 hour, and shorts not only had to guard against liquidation but also had to pay "interest" every hour. Those who couldn't hold on had to close their positions, further driving up the coin price.
The big players made money on both ends: accumulating at low prices and selling at high prices; contracts profiting from negative funding rates by liquidating shorts. Once Binance adjusts the funding rate cap, the coin price will plummet, leaving countless retail investors with nothing.
✈️ The observation area and delisting area are continuously creating legends, how should ordinary people benefit from this wave?
1. Low market cap = low-cost control
2. Position size greater than market cap: CoinGlass can check the entire network's contract positions
3. Observe the tokens in the tags; project teams pull the price to get rid of the label, or make one last profit before delisting
4. Negative funding rate, CoinGlass can check the negative funding rate leaderboard
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