#美国证券交易委员会与商品期货交易委员会在加密资产监管领域的协作 The Federal Reserve has injected another $16 billion! Institutions are quietly positioning themselves

$BTC
$ETH
$ZEC

Last night, a Federal Reserve overnight repurchase agreement data release dominated the crypto community—an injection of $16 billion in a single day, marking the second-highest level since the pandemic. What does this number imply? The market is discussing it, and institutions are taking action.

Industry insiders point out that this wave of liquidity release is not accidental. They have noticed a phenomenon: long-term holders' $BTC and $ETH holdings are accelerating their concentration. In other words, circulating supply is continuously tightening, while large funds are steadily positioning. "The news is positive, our funds are sufficient, and any dip is an opportunity to buy in," they say.

From a data perspective, the situation is indeed changing:

· $16 billion overnight repurchase—second only to the post-pandemic high
· Institutions continue to lock in $BTC/$ETH, reducing supply
· Market structure is gradually shifting from balanced to bullish

This market pattern is somewhat like the calm before the storm. Liquidity is flowing continuously, high-quality chips are becoming increasingly scarce, and the amount of assets available for sale is decreasing. Once bullish funds start moving, the shorts may find themselves in a very awkward position—liquidation opportunities might come too quickly to react.

Of course, this also explains why the bullish voices are growing stronger. In their view, this is not gambling, but speaking with data.