PIMCO’s $16B Oracle Bet: A Liquidity Migration Pattern, Not an AI Breakthrough
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Fear
Market Sentiment
Block reward reduced to 3.125 BTC
Circulating supply increases by about 2%
Raises validator limit and account abstraction
Improves data availability sampling efficiency
92 million ARB released
Block reward halving event
Independent validator client goes live on mainnet
Team and early investor shares released
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