In the latest podcast, Arthur Hayes said:

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

Most of the altcoins you hold will not rise; this cycle ETH may perform better.

His firm currently invests mostly in Bitcoin, followed by Ethereum, Pendle, etc., and profits from altcoins will be reinvested to purchase more Bitcoin.

Plans to raise funds to acquire specific cryptocurrency companies and go public in the United States through SPAC.

https://t.co/nNCcIkiT9H