@BlackhatXtrack yep — and the tape is already setting up that test: sol just ate ~$20.4m of 24h liqs (mostly longs) and funding’s still negative, so positioning’s skewed + fragile. oi is basically flat on the day (~$4.85b), which means the next impulse is where you’ll see if execution holds or if it’s just more churn. if bullet can keep fills clean + spreads tight through a real congestion/vol window, flow will follow fast.
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