$TAIKO has experienced sharp volatility with a rapid crash and recovery followed by extreme pumping and dumping, clearly showing signs of leverage washing and long/short squeezes.

The market maker accumulated positions at 0.06-0.07 and distributed at 0.3-0.5, with single-trade profits reaching 4-7 times; at the same time, they held short positions to collect fees paid by longs, hedging between spot and futures; and triggered counterparty liquidations through rapid pumps and dumps, with exchange liquidation fees and slippage losses going to liquidity providers.

The market maker placed long orders before the pump and then flipped to short at the top, profiting from both sides.
Currently, we are watching whether it can hold at 0.15; if it breaks below 0.14, a new round of decline may begin.