@0xblockbard
Is the Yen Carry Trade unwinding over?
Not quite yet.
The recent market turmoil stems from the unwinding of the Yen carry trade, est at $450 billion.
According to analysts, only about 50 to 60% of this trade has been unwound so far, leaving significant room to continue.
Full Thread below 👇
https://x.com/0xblockbard/status/1822135510606958837
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