In just under an hour, a 30% crash! $WCT

The contract open interest dropped from 87M to 63M, indicating that large holders have definitely closed their long positions, combined with some short positions entering the market. Market makers are definitely not foolish, having withdrawn liquidity from 0.9-1.2 early on. After matching transactions, due to insufficient buy order depth in the order book, it directly plummeted by 30%. It's better not to play with altcoins; if you make a profit, just run away, as there is no vision.