validator economics is the overlooked driver of treasury policy: reading the Ethereum Supply tape

Revisit assumptions weekly; markets change faster than slogans.

That debate sits next to today’s market focus around “Ethereum Supply on Exchanges Hits a Decade Low: Is ETH Preparing for a Major Move?.”

Discipline is cheapest before volatility arrives.

When validator economics and market makers disagree, sizing down beats inventing a clever story.

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