It's just the another Crocodile/Enel/Lucci/Doflamingo moment where he loses but its clearly being set up for the last last last last last fight
Seriously though it'll probably lead to a few things:
- Kaido's flashback
- End of CP-0 plot (Kaido wrecks this guy)
- End of Orochi/Hiyori plot
- End of Drake/Apoo plot (are they related or tied together still? Idk)
- Denjiro
- Momo/Yamato
- Luffy's awakening
For an arc that's 132 chapters long, it STILL has way too much left to do. Like I'm entirely worried Hiyori will not defeat Orochi, especially if she doesn't have Ame no Habakiri (which seems entirely made for defeating Orochi) and its something adult Momo is supposed to have