🚨 $USD/$JPY just flash crashed
Looks like intervention from Japan's MOF. Yen strengthening hard.
If you're holding risk-on alts or levered longs, watch liquidity. Yen carry unwind = risk-off mode = crypto bleeds.
Stay sharp.
Looks like intervention from Japan's MOF. Yen strengthening hard.
If you're holding risk-on alts or levered longs, watch liquidity. Yen carry unwind = risk-off mode = crypto bleeds.
Stay sharp.