According to Ai 姨 on Twitter, the announcement of ALPACA's delisting by Binance triggered a dramatic 60-fold price surge, with the ALPACA perpetual contract reaching a 24-hour trading volume of $3 billion and open interest peaking at $110 million before contract closure. On April 24, 2025, Binance announced the delisting of ALPACA and three other tokens, causing ALPACA to spike 150% and initiate a major short squeeze (source: Ai 姨 Twitter, April 30, 2025). The following day, Binance expedited funding rate settlement intervals from four hours to two, intensifying trading activity. Traders should note that extreme volatility and liquidation risk were directly driven by Binance's official delisting notice and subsequent exchange policy changes, making risk management crucial for similar delisting events (source: Ai 姨 Twitter, April 30, 2025).

According to Ai 姨 on Twitter, Alpaca Finance officially announced that although the project team initially disclosed plans for a token supply increase, they have now decided not to proceed with the token issuance. This reversal removes immediate dilution risk and is likely to stabilize or support ALPACA token price action in the short term, which is significant for traders monitoring supply-driven volatility (source: @ai_9684xtpa, April 25, 2025).