Geopolitical risk is heating up, and the market is busy pricing defense stocks and oil, while $DJT —despite being a concept stock—is left aside. In Q2 it lost $238 million, down 30% year-to-date, yet RUM is up 11%, and somehow people still can’t tell the two tickers apart. This shows the market has extremely low interest in this kind of target—so low that it can’t even be bothered to build hedging positions.

The position size is only 11,636.89. At a price of 9.32, the locked-in capital is too small. With the funding rate at zero, neither long nor short has any willingness to take a bet.

Trading tag: #TradFi #链上美股 #DJT

Where do you think this assessment is most likely to be wrong?