The 78x Whale: Why $108M in Long Liquidity Is a Trap, Not a Signal
A single wallet just added $108 million in BTC long exposure at 78x leverage....
Raises validator limit and account abstraction
92 million ARB released
Team and early investor shares released
Block reward halving event
Independent validator client goes live on mainnet
Block reward reduced to 3.125 BTC
Circulating supply increases by about 2%
Improves data availability sampling efficiency
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