Garrett Jin's words with sarcasm explain accurate shorting: there are not so many conspiracies in the world, long-term optimism can also be short-term

Garrett Jin, a giant whale who sold more than $4.23 billion in BTC to ETH before the slump, said in a post: His clients hold a large amount of spot cryptocurrencies, and the short position before the slump is only a partial hedge. If there is sufficient liquidity, you can open more positions. Considering the loss of spot positions, the overall position of customers is actually suffering losses. We are optimistic about the crypto market for a long time, but this does not mean that we will not hedge in the short term. If short-selling when prices fall is condemned, should long-selling when prices rise be blamed? At present, the cryptocurrency market is highly correlated with the US stock market. If you do not keep abreast of the latest information, you will fall behind. Everyone wants to profit from the market. What expertise or training have you gained to beat the market? If you can't answer, then you are the source of the profit. There are not so many conspiracies in this world, stop making excuses for your ignorance and unprofessionalism.