Isn't hanging a sell order at a price of 6000 a trap for shorts?

According to Odaily Planet Daily, data from the U.S. Commodity Futures Trading Commission (CFTC) showed that hedge funds shorted Ethereum positions worth a total of US$1.73 billion on the Chicago Mercantile Exchange (CME), with leveraged net positions significantly short.This operation is considered a basis arbitrage strategy, which involves shorting ETH contracts on the CME while simultaneously buying spot ETFs, achieving delta neutrality and generating an annualized return of approximately 9.5%. Buying spot ETH and staking it can yield an additional annualized return of approximately 3.5%.It is worth noting that currently, Ethereum spot ETFs do not support staking, making it impossible to generate additional returns. This type of arbitrage strategy has attracted significant institutional attention, given that spot ETFs have a total of approximately $12 billion in assets under management.