trading desks been quietly loading arb and eth all weekend ahead of the robinhood thing today

arb already up 20% since sunday, blackrock bought another 460k eth this month, but the interesting part is watching the confusion around tokenized equities infrastructure

eth shorts sitting at all time highs right before a potential l2 announcement. either this is the most obvious squeeze setup ever or smart money knows something different about the arbitrum vs base competitive dynamics

timing feels deliberate with eth cannes happening simultaneously