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False alarm! The Fed's reverse repo directly returns to its original form.
Folks, yesterday we were worried about the massive reverse repo volume tightening liquidity, but today the data directly dropped to 1B, from yesterday's 26.9 billion back to square one overnight, purely a short-term disturbance.
The previous tightening concerns are directly resolved. Market liquidity is absolutely fine. Hold on to your chips and don't be shaken out by yesterday's washout. #BTC $BTC