treasury diversification is the overlooked driver of liquidity conditions: reading the Jensen Huang tape

The healthier setup is alignment: on-chain fees improving while perpetual futures stays orderly.

Put beside current chatter on “Jensen Huang Resigns as Nvidia CEO, With CFO Colette Kress Named Interim Chief,” the incentive problem looks clearer.

A clean chart can hide a crowded trade.

If both order-book depth and venture funding improve together, follow-through is more believable.

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