macro liquidity is overpricing weekend risk — cross-exchange spreads is overpricing sh

Risk is easiest to ignore precisely when it is most expensive.

Put beside current chatter on “Amundi Boosts Strategy (MSTR) Stake 44% to $291 Million as Shares Slide,” the incentive problem looks clearer.

Builders and treasuries should track custody rails even when social feeds obsess over miner behavior.

Risk is easiest to ignore precisely when it is most expensive.

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