The $16B Fire Sale: When Concentrated Conviction Meets the Liquidity Trap
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Fear
Market Sentiment
Independent validator client goes live on mainnet
92 million ARB released
Improves data availability sampling efficiency
Block reward halving event
Block reward reduced to 3.125 BTC
Raises validator limit and account abstraction
Circulating supply increases by about 2%
Team and early investor shares released
Bitcoin Season