Opinion · Nov 12, 2026 17:21 UTC

DeFi angle: drawdown recovery quietly dominates carry strategies

Meanwhile, funding rates can either confirm the move or expose it as temporary.

Revisit assumptions weekly; markets change faster than slogans.

That debate sits next to today’s market focus around “$220M in Longs Liquidated in 1 Hour as ETH Dips Below $2K and BTC Slides to $72K.”

Improvements in drawdown recovery without confirmation from restaking tend to fade faster.

Markets rarely move for a single reason.

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