OKG Research 2025 Special Series #Trumponomics Follow-up ➡️ TGA (Treasury General Account) 🧐According to U.S. Treasury data, the #TGA balance (closing period) started to decrease on February 11, with a reduction of 114.3 billion by the last business day, injecting roughly the same amount of liquidity into the market. This action generally increases market liquidity, as the released funds may be used for government spending or debt repayment, thus boosting the funds available in the market. 👉Notably, on February 18, liquidity injection peaked at 34.688 billion in a single day. Since TGA liquidity injections occur on weekdays, market performance during these periods reflects the liquidity impact. The second marked period, which saw the fastest injection, also shows a notable reaction in BTC prices (see Figure 2). ⚠️ 1. The above is historical data analysis for reference only and does not constitute investment advice. #DYOR 2. @CoinMarketCap uses UTC+8, and the T+1 shown in the chart is the time of TGA liquidity injection. How do we interpret TGA and its impact on the current #crypto market structure? 📖 Read more: https://medium.com/thecapital/trumponomics-4-a-new-round-of-liquidity-approaches-can-the-crypto-market-leverage-it-to-break-39137adf4d0b 📚 Reading List - Trumponomics: https://medium.com/@OKGResearch/list/trumponomics-952722029356 Data: https://fiscaldata.treasury.gov/datasets/daily-treasury-statement/operating-cash-balance