Yuyue|Nov 07, 2025 14:52
The on-chain liquidity situation has reached a very PVP stage, the counterparties are limited. After playing around for the next couple of days, I’ll switch back to defense mode and wait for better opportunities.
What happens after seeking exposure? What happens when there are enough counterparties? Just think about it.
Those who get it know... the returns at the primary level that look good but can’t be cashed out aren’t real returns. And once the effect kicks in and gets attention, it’s basically hunting time.
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