venture funding remains the swing factor for carry strategies

Mapping venture funding against US session flows is a simple way to stress-test a thesis.

That debate sits next to today’s market focus around “Loopscale Partly Restores Loan Functions, Keeps Vault Withdrawals Frozen.”

Ignoring venture funding because US session flows looks exciting is how late-cycle mistakes compound.

Ignoring cross-exchange spreads because order-book depth looks exciting is how late-cycle mistakes compound.

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