Motive Capital Management: U.S. Treasury operations could drain ~$15 billion in liquidity, potentially pushing Bitcoin lower
Source：
www.coindesk.com
According to CoinDesk, Michael Kramer, founder and CEO of Mott Capital Management, stated that U.S. Treasury-related settlement operations between May 28 and June 5 are expected to drain approximately $150 billion in liquidity from the financial system, potentially exacerbating Bitcoin’s current downward trend. He noted that Bitcoin often serves as a leading indicator of liquidity and has recently broken below the critical support level of around $75,000—down roughly 11% from this month’s high of $82,500. Kramer expects this round of liquidity tightening to stem primarily from U.S. Treasury bond and short-term Treasury bill settlements.
