ALPACA Short-Term Breaks Above $0.51 to Hit Recent High, Liquidates $10.89M in the Past 4 Hours to Rank Top1 Globally

Blockbeats
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BlockBeats News, April 30th, according to market data, ALPACA broke through $0.51 in a short time, setting a new high for the entire rally since "delisted from Binance" (with a cumulative increase of over 1600%), now trading at $0.4486, a 24-hour increase of 81.6%.

According to Coinglass data, the total 24-hour contract trading volume of ALPACA across all exchanges reached $3.352 billion, with the current open interest of $115 million. In the past 4 hours, a total of $10.89 million was liquidated across the entire network, becoming the highest liquidation amount in the past 4 hours for a single contract pair. Among them, the long positions were liquidated by $225,000, and the short positions were liquidated by $10.66 million. It is worth noting that this liquidation amount also exceeded the sum of liquidations for BTC, ETH, and SOL during the same period (BTC $4.68M + ETH $3.66M + SOL $1.05M = $9.39M).

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