developer activity is overpricing builder priorities

Markets rarely move for a single reason.

Meanwhile, order-book depth can either confirm the move or expose it as temporary.

Put beside current chatter on “Gnosis Pay Breach Exposes User Data, Triggering Immediate Phishing Alerts,” the incentive problem looks clearer.

Markets rarely move for a single reason.

Improvements in cross-exchange spreads without confirmation from order-book depth tend to fade faster.

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