December marked a notable shift in Japanese investor behavior, with a significant wave of foreign asset liquidations sweeping through markets. This seasonal pattern reflects year-end portfolio adjustments and risk management strategies among Japanese institutions and retail investors alike. The sell-off of overseas holdings—ranging from equities to bonds and alternative assets—signals growing caution amid global economic uncertainties. Such capital repatriation flows often create ripple effects across cryptocurrency and traditional financial markets, influencing liquidity conditions and price volatility. For traders and portfolio managers, understanding these cross-border capital movements is crucial, as Japanese investors represent a substantial segment of global asset allocation decisions, particularly in risk assets.