self-custody adoption is rewriting assumptions about event-driven flows

Markets rarely move for a single reason.

Against the backdrop of “XRP Price Trapped at $1.1799 After $30 Million Cascade Liquidation” and “Treasury Cuts Crypto Exchange MEXC Off From US Financial System”, positioning still matters more than slogans.

Treat open interest as the constraint and cycle psychology as the amplifier, not the other way around.

Positioning often matters more than the headline itself.

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