$PIPPIN

Don't go catching flying knives. Some exchanges are liquidating and dumping, and huge whales can't bear to cut their losses and haven't exited yet. But many are still using open interest to absorb buy orders in an attempt to dilute the average price; the price will only keep falling. I checked the average price at the fishing address, which is only between 0.01 and 0.02. If the whales don't cut their losses and exit, the market makers won't push the price up. Most of the open contracts above are opened by the market makers. Be cautious and don't hold on stubbornly to avoid liquidation.