$FORM is funny, saw a long needle, thought it was a perfect profit-taking, but looking back the grid is still there, it should be that the perpetual contract had no counterpart and did not keep up with the spot's spike price, it seems this didn't really trigger a long squeeze, right? It should have crushed the spot, but the contract didn't get crushed, did the big player also mess it up? Well, let's continue to reap its grid profits.