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Encryption KOL: The Fed injected $13.5 billion into the market through overnight repurchase operations, exceeding the scale of any operation during the internet bubble.
Encryption KOL Lark Davis posted on the X platform saying: “Oh my god!! The Fed just injected $13.5 billion into the market through overnight repurchase operations. This is one of the largest liquidity injections since the COVID-19 pandemic, surpassing any overnight repurchase operation during the dot-com bubble.” The encryption community commented that this significant event is undoubtedly Favourable Information for the market.