Recently, it was mentioned that the open interest in the contract market for SOL reached an all-time high, with a large market maker preparing to operate. Recently, the market has experienced a big liquidation trend, as seen in the chart where the open interest has basically dropped to zero. It's not just SOL; Bitcoin and Ethereum have also been liquidated simultaneously. It seems that the large market makers behind this have made substantial profits, while those who caught the falling knife are the ones we see on social media showing their liquidations. Therefore, I don't believe the market's big dump was caused by news but rather a targeted, precise surgical massacre. This is purely a speculative behavior in the market. In contracts, when the open interest reaches a certain level, one party will inevitably be liquidated in large quantities, leading to a chain of liquidations. The liquidation price points between traders are interlinked, and it's like setting off firecrackers, driving the price down until the liquidation is completely finished.