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The model didn't price in the liquidity choke. That's the first thing that hi...
Greed
Market Sentiment
Block reward halving event
Team and early investor shares released
Improves data availability sampling efficiency
Independent validator client goes live on mainnet
92 million ARB released
Block reward reduced to 3.125 BTC
Raises validator limit and account abstraction
Circulating supply increases by about 2%
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Bitcoin Season