Whales have pumped $W to liquidate short positions. Now that the big positions have been liquidated, the price seems to be going down, likely to close their longs and to liquidate long positions.
This has forced Wormhole's token to reach top4 by 24h volume on Binance Futures.
Be careful and don't open positions that can get easily liquidated, there are tools and bots to target you. Make sure to always have a stop-loss and not go all in on a single position.
Market makers are watching you.