Going long has no future; buying spot is more direct 🙌 The "1011 flash crash insider big shot" seems to be gradually reducing long positions in favor of spot, and since last night, his actions on Hyperliquid are as follows 👇 ▶︎ Reduced position by 14,000 $ETH with a loss of $3.624 million ▶︎ Reduced position by 427.28 $BTC with a loss of $1.612 million Currently, he has reduced his long position to $680 million, with an unrealized loss of $47.97 million. Details on the increase in spot holdings can be seen in the quoted tweet.