The 10% Drain: Why Perpetual Futures Are a Structural Tax on Long Positions
The Economist's latest warning landed quietly, but the math behind it is...
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Greed
Market Sentiment
Block reward halving event
92 million ARB released
Circulating supply increases by about 2%
Independent validator client goes live on mainnet
Improves data availability sampling efficiency
Raises validator limit and account abstraction
Team and early investor shares released
Block reward reduced to 3.125 BTC
Bitcoin Season
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