Treasury's Record Withdrawal Triggers Bitcoin Liquidity Crisis
The U.S. Treasury's withdrawal of $77 billion in reserves has put Bitcoin under severe liquidity pressure, according to Woofun AI.
The weekly average of U.S. bank reserves plummeted by $77.579 billion in the week ending July 29, bringing the total down to $2.944541 trillion.
This reserve contraction was triggered by fiscal-side liquidity drainage, which has reshaped the risk-pricing logic for crypto assets.