USD/JPY trading volume exceeds Bitcoin on DeFi platform Gains Network
Tading volume of USD/JPY on the DeFi platform Gains Network has surpassed that of Bitcoin, and today there was a large leveraged short position of 8.26 million USD in the USD/JPY pair. Some traders have established a large number of leveraged short positions in USD/JPY and EUR/JPY on the platform, betting on the appreciation of the yen. Perhaps these market participants expect the Bank of Japan to intervene in the foreign exchange market to prevent the yen from falling.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Numeros Motors Launches NFT Rewards for EV Buyers with polygon
Indian Crypto Trader Faced 78% Tax Penalties for P2P Transactions
Hackers are targeting Australia’s largest pension funds
Share link:In this post: Hackers targeted major Australian superannuation funds, stealing $500,000 from a few accounts and exposing personal data. Authorities and financial institutions are responding to the breach, urging members to check accounts and update passwords. Credential stuffing using stolen passwords is suspected in the attacks, prompting warnings to use unique logins and enable multifactor authentication.
Trending news
MoreCrypto prices
More
