GateUser-276116e2

Recently, I've seen people using the supply curve of stablecoins to force-fit ETF inflows and outflows. Frankly, the correlation is pretty easy to see, but don’t mistake it for causation. When off-chain funds come in, they don’t necessarily turn into stablecoins first; they might just move around on the broker side first. The on-chain activity is just the final destination. When the time difference widens, the chart can deceive you.
What I personally pay more attention to as a “signal” is: whether the path taken during congestion for the same amount has shortened, whether the slippage suddenly

Get up and start working. May all the news and people you encounter today be good.

I think retail investors really don't need to research blockchain builders and bundling to the point of writing papers... Knowing about three things is enough: 1) The "quote" you see is not the final transaction price, especially during congestion, when a path is rerouted or slippage occurs, others can cut in front of or behind you; 2) Private/bundle essentially means inserting your trade into a more "certain" queue, reducing the chance of being front-run, but don't be overly superstitious—rules like builder/relay that you can't see can still change; 3) When dealing with particularly sensitive