🐋 WHALE WATCH :Geopolitical risk metrics hit their highest levels in 65 years. The last time readings were this elevated, Bretton Woods was still intact and sovereign debt meant something different. The reference points dont map cleanly onto todays architecture. When instability reaches this level, capital stops chasing yield and starts chasing certainty. Hard assets and decentralized primitives stop being a hedge and become the floor. Get positioned.(Whale Factor)