funding rates continues to pressure medium-term allocation: reading the LlamaRisk Proposes tape

Historically, stretches where institutional desks leads without support from governance turnout invite sharper reversals.

The loudest story is not always the decisive one.

Even when feeds obsess over “LlamaRisk Proposes $1.33B Collateral Exit From Aave Core,” the durable question remains process versus prediction.

When institutional desks and governance turnout disagree, sizing down beats inventing a clever story.

Keeping a written thesis helps avoid narrative whiplash.

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