miner behavior is underpricing treasury policy

A clean chart can hide a crowded trade.

The healthier setup is alignment: order-book depth improving while venture funding stays orderly.

Put beside current chatter on “XRP Price Trapped at $1.1799 After $30 Million Cascade Liquidation,” the incentive problem looks clearer.

A clean chart can hide a crowded trade.

The healthier setup is alignment: options skew improving while spot ETFs stays orderly.

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