Exactly! /r/wallstreetbets are also trading against each other, without mercy! Not sure why people think that sub is some sort of group trading account...
But, chances are, a lot of them will make incredible gains by betting on the misery of hedge funds who themselves bet on misery. No tears shed for the hedge funds or the account holders who are now basically zero'd out. Imagine having your life savings in one of these funds...in the biggest bubble in history, your account went to ZERO!