[Tokyo CPI Cooling Suppresses BOJ Rate Hike Expectations, A Whale Places Million-Dollar Long Bet on USDJPY, Anticipating Further Yen Depreciation] BlockBeats News, March 31: According to monitoring by Hyperinsight, multiple factors have pushed the USD/JPY exchange rate close to the 160 level. Rising crude oil prices and a strengthening U.S. dollar, combined with Tokyo's CPI growth rate dropping to its lowest in nearly four years, have cooled market expectations for a Bank of Japan rate hike, putting pressure on the yen to weaken. A whale with an address starting with 0x58c on Hyperliquid significantly increased their USDJPY (USD/JPY) long positions today. Although there was a slight reduction during the period, the overall position increased by approximately 16%, betting on the exchange rate breaking above the 160 level. Currently, the whale holds a 27x leveraged USDJPY long position, with a total size of $1.13 million, an average entry price of $159.89, and a liquidation price of $154.77. The position is currently at a slight unrealized loss of 4.2%.