Deep Dive
1. Gate.io Futures Delisting (Bearish Impact)
Overview:
Gate.io will delist AMP perpetual futures on September 26, 2025, forcing open positions to close. Reduced derivatives access may lower trading volume and liquidity, amplifying volatility. The delisting follows AMP’s 77% price drop from its 2024 high.
What this means:
Diminished liquidity could exacerbate sell pressure during the settlement period. Historical delistings (e.g., REQ) often precede short-term price dips due to forced position unwinding.
2. Whale Accumulation & Supply Dynamics (Bullish Impact)
Overview:
Whales holding 10M–100M AMP increased their stakes by 1B tokens since February (Santiment). Exchange reserves dropped 43% in 90 days, signaling reduced sell-side risk.
What this means:
Lower exchange supply (15.35B tokens vs. 20B in April) and a -1.78 MVRV ratio (undervaluation signal) suggest accumulation phases often precede rallies. A double-bottom pattern at $0.00306 hints at a 70% upside to $0.00573 if support holds.
3. Flexa Network Utility & Macro Risks (Mixed Impact)
Overview:
AMP’s value hinges on Flexa’s adoption as collateral for instant payments. Sheetz’s 50% crypto discount campaign (via Flexa) and Steak ‘n Shake’s Bitcoin integration showcase real-world use. However, Flexa’s TVL cratered to $20.8M from $295M, weakening AMP’s collateral demand.
Meanwhile, macro risks loom: the Altcoin Season Index (67) suggests rotation potential, but analysts warn CPI/FOMC events (late September 2025) could trigger broad crypto sell-offs.
What this means:
Retail adoption may offset TVL declines, but AMP remains vulnerable to macro shocks. A break below $0.0030 could invalidate bullish technical setups.
Conclusion
AMP’s trajectory balances whale-driven accumulation against delisting risks and shaky network metrics. Traders should monitor the $0.0030 support and Flexa’s TVL recovery.
Key question: Will AMP’s exchange supply depletion outweigh fading derivatives interest post-delisting?