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Jinse Finance reported that on December 16, The Kobeissi Letter stated that a new round of liquidity has arrived. Last week, the U.S. Treasury General Account (TGA) decreased by $78 billion, marking the largest single-week liquidity injection since June. The TGA is the main cash account of the U.S. government at the Federal Reserve; when the account balance decreases, funds flow directly into the financial system, thereby boosting liquidity. This is the fourth largest single-week decrease so far this year. Meanwhile, the Federal Reserve plans to purchase approximately $40 billion in Treasury bonds through its reserve management purchase program between December 12 and January 14. In addition, the Federal Reserve will also use about $14.4 billion in principal payments from its mortgage-backed securities (MBS) to purchase Treasury bonds during the same period.

According to Jinse Finance, monitored by Lookonchain, a trader with the address BxNU5a turned $180,000 into $3.6 million in less than two months, achieving a return of 20 times. On October 24, he spent $180,000 to purchase 8.16 million pippin and has held them until now—currently valued at $3.6 million.