Crypto Rover(@cryptorover):🚨 MASSIVE CRASH IN JAPAN 🚨 USD/JPY plunged from 164 to 157 after Japan spent $52.8B defending the yen and the U.S. Treasury joined by selling euros to buy yen. This was America’s first yen intervention since 1998. It seems like a yen carry trade unwind could happen soon.

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Crypto Rover@cryptorover

2026.08.01 05:58

🚨 MASSIVE CRASH IN JAPAN 🚨 USD/JPY plunged from 164 to 157 after Japan spent $52.8B defending the yen and the U.S. Treasury joined by selling euros to buy yen. This was America’s first yen intervention since 1998. It seems like a yen carry trade unwind could happen soon.