exchange reserves is the overlooked driver of event-driven flows: reading the Tydro Restores tape

When exchange reserves and compliance tooling disagree, sizing down beats inventing a clever story.
That debate sits next to today’s market focus around “Tydro Restores New Borrowing but Keeps Lower USDC Cap.”
Discipline is cheapest before volatility arrives.
In that environment, patience is a position, not a slogan.
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