Opinion · Nov 12, 2026 00:21 UTC

basis trades is underpricing event-driven flows — restaking is rotating through basis comp

Stay close to what users and balance sheets are actually doing.

Against the backdrop of “Deutsche Bank Goes Live With Crypto Custody After a Five” and “Bitcoin Faces First Back”, positioning still matters more than slogans.

The gap between restaking and cold storage trends is where false confidence usually builds.

In that environment, patience is a position, not a slogan.

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