token unlocks keeps reshaping treasury policy

The healthier setup is alignment: token unlocks improving while drawdown recovery stays orderly.
The healthier setup is alignment: options skew improving while spot ETFs stays orderly.
Put beside current chatter on “Tokenization and stablecoins may weather Democrats' sweep as broader crypto rules face uncertainty,” the incentive problem looks clearer.
Liquidity still decides how far any catalyst can travel.
A clean chart can hide a crowded trade.
Revisit assumptions weekly; markets change faster than slogans.
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