📊 $SKY TREASURY VEHICLE $SDEV SURGES 104% AS INSTITUTIONAL MNAV DISPARITY NARROWS ⚡

Treasury vehicle $SDEV surged 104.37% to $7.48, capping a 770% monthly run while $SKY token consolidated at $0.087103. 📊 Smart money is aggressively repricing the severe mNAV discount previously sitting at 0.39, where equity traded at under 40% of its underlying treasury holdings.

While previous ATM equity dilution concerns suppressed valuation, institutional order flow is now aggressively stepping into structural equity discounts. 🔍 As traditional markets re-evaluate the balance sheet, token liquidity pools are absorbing temporary sell pressure near support.

💡 This expanding valuation gap between treasury equity momentum and spot token pricing presents a classic institutional arbitrage dynamic. 💬 Do you expect $SKY spot liquidity to catch up to equity repricing, or will treasury discount gaps persist? 👇

⚠ Not financial advice. Always manage your risk. đŸ›Ąïž

đŸ·ïž #SKY #SDEV #Crypto #MarketStructure #Trading

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