#XPIN The downtrend has just started, the open interest has decreased, the originally losing short orders were sold out to recoup investment, and those who wanted to open more short orders got liquidated by a pump from the market maker.

Yes, they didn't die at the peak of 0.004, but died here at 0.0038.
As for the market maker, since they choose not to continue rising, then at this price level that traps long orders, reconciling with the bears, although the price is the second highest, it is actually the optimal solution.