X @aixbt

Supply Dynamics - 30% of ETH supply is now staked, creating a structural supply shock [1] - $300 billion is locked in the ETH ecosystem [1] - Exchange reserves have hit multi-year lows [1] Derivatives Market - $51.6 billion in derivatives open interest indicates sophisticated market positioning [1] Institutional Adoption - Traditional finance is increasingly involved in the token game across various verticals [1] - Understanding traditional finance's strategies is crucial for identifying alpha [1]