🚨 THIS is why your crypto bags are bleeding

It’s not quantum FUD.
It’s not the Fed.
It’s liquidity.
The U.S. Treasury has drained ~$150B in the past month to refill the TGA (Treasury General Account). That’s money pulled straight out of the system.
Less liquidity + slowing economy = risk assets struggle.
And it’s not just crypto — even the Mag7 are down double digits YTD in 2026.
But here’s the flip side 👇
The TGA is already near its historical ceiling (~$922B). Once Treasury starts spending that down, liquidity flows back into markets.
Add ~$150B in tax refunds hitting by March… and you’ve got fuel for a potential relief rally.
Liquidity out = pain.
Liquidity in = pump.
Watch the TGA.