Arthur Hayes, co-founder of BitMEX, is signaling a potential major crypto rally ahead. He points to a possible $572B liquidity wave coming from the U.S. Treasury driven by a drawdown of the Treasury General Account and expanded debt buybacks. According to Hayes, this could act as a form of “stealth stimulus,” injecting fresh cash into the financial system. His breakdown: • ~$301B from TGA drawdown • ~$271B from buyback programs ➡️ Total potential liquidity: ~$572B Hayes believes this influx could offset the Fed’s quantitative tightening and create strong tailwinds for risk assets especially Bitcoin. In such a scenario, he suggests BTC could retest all-time highs and potentially move toward the $100K level, particularly if short positions get squeezed. Liquidity drives markets and this could be the next major catalyst to watch.