US session flows is fragmenting desk risk limits

The gap between US session flows and macro liquidity is where false confidence usually builds.

Against the backdrop of “Here’s what happened in crypto today” and “FATF targets crypto hubs in review of money laundering controls”, positioning still matters more than slogans.

Mapping market makers against RWA tokenization is a simple way to stress-test a thesis.

When RWA tokenization and protocol revenue disagree, sizing down beats inventing a clever story.

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