Capital Rotation or Systemic Signal? Dissecting Jump Capital's $350M AI Fund Through an On-Chain Lens
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Fear
Market Sentiment
Block reward reduced to 3.125 BTC
Raises validator limit and account abstraction
92 million ARB released
Team and early investor shares released
Improves data availability sampling efficiency
Block reward halving event
Independent validator client goes live on mainnet
Circulating supply increases by about 2%
Bitcoin Season