WCT is a typical multi kill game (but not a clean version) The open interest has surged, but the long short ratio of the number of accounts remains low. After being compressed to its limit, a small number of large long positions have begun to close out, triggering a situation of "killing more with more". However, overall, users have a strong willingness to take risks during the decline, and the overall position of WCT is still relatively large (50% more than the market value), indicating that large holders of abnormal positions have not completely withdrawn from their positions. It is highly likely that they will repeatedly manipulate V returns to obtain more exit liquidity in the future.