$B the main strategy of the developer & whales of this coin is:

1. They will repeatedly wipe the short positions up to 0.5, and they will keep their coins for a while.

2. People think that this coin is bullish and buying it until the price keeps pushing (we still don't know to what point)

3. They will dump big amount of their coin when the price is high. Meanwhile, the retail holders will see the big tall red candle and got panicked and selling out of panick.

4. They will repeat the process over and over again as long as the future traders keep on putting careless short positions with super high leverage.

The only way to secure your floating loss if your short position stuck in this coin is to put a counter (Long position) as insurance to avoid liquidation. This hedging method saved me for many many times during my trading journey.