According to Lookonchain, $45.73 million was liquidated on ALPACA, with one trader alone facing a $3.98 million liquidation, as reported by Coinglass on April 30, 2025 (source: Lookonchain via Twitter; Coinglass.com/LiquidationData). This spike in liquidation volume highlights significant volatility and potential forced sell pressure in the ALPACA market. Traders should closely monitor ALPACA price action and liquidity levels, as such major liquidations often precede rapid price swings and increased short-term trading opportunities.