Treasury buybacks aren't just debt management; they are the hidden liquidity engine for $BTC .
When the government buys back bonds, it floods the system with cash to choke out volatility. That excess liquidity inevitably leaks into risk assets like $ENA . Watch the Treasury General Account balance—it's the tide that lifts the entire market.
$BTC #CryptoMacro #OnChain #OnChainFinance
When the government buys back bonds, it floods the system with cash to choke out volatility. That excess liquidity inevitably leaks into risk assets like $ENA . Watch the Treasury General Account balance—it's the tide that lifts the entire market.
$BTC #CryptoMacro #OnChain #OnChainFinance
