No wonder a2z suddenly skyrocketed a few minutes before being taken down. Looking at the contract holdings, they are close to around ten million. The price has fluctuated significantly in the past couple of days, and it is highly likely that the market makers built long positions at low levels, leading to large price swings.

Then, just before being taken down, they pulled it up sharply to complete a short squeeze. If it suddenly skyrockets and doubles, it will hit the liquidation point for short positions, creating a chain reaction of liquidations. The liquidated shorts will serve as fuel to push the price up again. If the price can stabilize at a high level by five o'clock, the long positions built by the market makers at low levels will automatically close, so there is no need to worry about the price dropping due to a lack of counterparties. Therefore, it is highly likely that this is the reason for the sudden doubling.