In the latest podcast, Arthur Hayes said:

Although he is the inventor of perpetual contracts, he does not trade contracts and basically buys spot directly.

Most of the altcoins you hold are unlikely to rise; this cycle ETH may perform better.

His firm currently invests mostly in Bitcoin, followed by Ethereum, Pendle, etc., with profits from altcoins reinvested to buy more Bitcoin.

Planning to raise funds to acquire some specific cryptocurrency companies and go public in the U.S. via SPAC.

https://t.co/nNCcIkiT9H