everyone thinks foundation treasuries are an infinite money glitch, but actually, they can run dry just like any overleveraged degen account.

we've seen too many people hold their bags all the way to zero because they assumed a major ecosystem was too big to fail. blindly trusting foundation health without checking the balance sheet is how you get caught in a sudden liquidity trap.

let's look at the recent $AVAX situation as a case study. the foundation flagging a going concern risk is a massive wake-up call, especially with the market index sitting in deep fear. a lot of retail is panic-selling their bags while others are blindly buying the dip. but if you look closer, it's the same old story of a treasury relying too heavily on native token valuations that melt during a market downturn.

when runway gets squeezed, foundations are forced to make hard choices, which usually means OTC sales or cutting ecosystem grants. ngl ser, if you are holding assets on-chain or trading $USDT pairs, you need to watch their treasury liquidity, not just the token price. we've seen this play out before, and it rarely ends well for passive holders who ignore the warning signs.

where do you think this goes from here?

#AvalancheTreasuryFlagsGoingConcernRisk #BitcoinWorstFirstHalfSince2022