Major shift in global asset allocation spotted: one of the world's largest holders just offloaded $32B worth of U.S. Treasury bonds over a three-month span. Holdings now sit at their lowest point since 2007.

This drawdown comes as central banks worldwide reassess reserve strategies amid shifting monetary policies. For crypto markets, such moves often signal changing risk appetites and liquidity flows that ripple through all asset classes.

Worth watching how this repositioning plays out against the current macro backdrop.