COINOTAG News reports that the Federal Reserve plans to inject about $6.8 billion into the financial system via repurchase agreements at 10 p.m. Beijing time, a measure tied to year-end liquidity management. Over the past 10 days, the Fed has injected roughly $38 billion.

A repurchase agreement is a core liquidity management tool through which the Fed provides cash loans to banks and accepts high-quality collateral—typically government securities—backed by a near-immediate repayment, usually within a day.

These operations aim to alleviate year-end liquidity tightness and reflect ongoing adjustments to the Fed’s overnight repo toolkit.

While officials describe the measures as routine, market participants and analysts monitor for potential implications for risk assets and the broader cryptocurrency markets amid year-end flows.