Odaily News The US dollar/yen trading volume on the DeFi platform Gains Network exceeded that of Bitcoin. Today, a large leveraged short position of US$8.26 million in the US dollar/yen pair appeared. Some traders established large leveraged short positions on USD/JPY and EUR/JPY on the platform, betting that the yen would appreciate. Perhaps these market participants expected the Bank of Japan to intervene in the foreign exchange market to prevent the yen from falling. (CoinDesk)