institutional desks is the overlooked driver of — perpetual futures keeps surprising conse

Most blow-ups start as comfortable consensus.

Even when feeds obsess over “Binance users in some European countries told to pull crypto before fees kick in, with accounts closing by year end,” the durable question remains process versus prediction.

Ignoring stablecoins because dollar strength looks exciting is how late-cycle mistakes compound.

Most blow-ups start as comfortable consensus.

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