$COAI The team did something very foolish.

Early large contract long positionsA sudden sharp upward movement led to no one buying spot, making it impossible to sell off.The short position of retail investors is far lower than the long position of the team (funding fees have remained high for a long time), and the project party bears the funding fees for a long time.Continuous upward movement to the current price of 7.2 USDT, the short position barely keeps up, and the rate has gradually decreased.Short selling opportunity: there will continue to be upward movement, accumulating enough retail investor short positions, maintaining the rate as negative until then.Only then will the project party sell off and close the long positions, leading to a collapse and sharp decline of the project.