OKG Research: According to the latest data from TGA, the first round of liquidity release may have reached halfway
ChainCatcher message, according to the latest data from OKG Research, based on publicly available data from the U.S. Treasury, since February 11, the TGA account balance (Closing period) has started to decline. As of the last business day, the balance has decreased by 114.3 billion dollars, equivalent to the market injecting the same amount of liquidity.Among them, the single-day liquidity injection on February 18 reached its peak, approximately 34.688 billion dollars. The liquidity injection from the TGA occurs on business days, and the market performance clearly reflects the impact of the capital inflow. Particularly, during the fastest liquidity injection period marked in the second paragraph, the response of BTC prices is especially notable.Previously, OKG Research mentioned in the article "A New Wave of Liquidity Approaches, Can the Crypto Market Break Through New Highs?" that the scale of the first round of short-term TGA liquidity injection in 2025 is estimated to be around 150 billion to 250 billion dollars.