- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
WE-Launch
Andrew Kang's associated address liquidated a BTC short position worth over $25 million, achieving a unrealized return of over 160%.
BlockBeats News, October 22nd, according to HyperInsight monitoring, it was reported that 8 hours ago, Andrew Kang, Co-Founder of Mechanism Capital, closed his short position on BTC with address (0x0b5) to take profit, reducing the position by about $25.32 million. He then longed ENA with an additional amount of over $1.5 million 4 hours ago for hedging.
According to monitoring, at 1:00 AM today, the same address opened a new 40x short position on BTC at $11,320, with a position size of approximately $29.9 million. There is still a $4.16 million short position open, with an unrealized P&L of over 160%. At the same time, the 25x ETH long position was closed at the high of $4,008 to go short, with the unrealized P&L now exceeding 100%.
You may also like
Gainers
Latest Crypto News
SAHARA experiences a sudden 50% price drop, causing its market value to be "halved" to $1.06 billion
In the last 24 hours, there has been a total of $159 million in liquidations across the network, with the majority coming from long positions.
The HyperLiquid team unbonded 2.6 million HYPE tokens, with 609,000 tokens being sent to an OTC platform.
Trump: Stocks and 401k Plans Have Reached All-Time Highs, While Inflation, Prices, and Taxes Are All Decreasing
If Ethereum breaks above $3100, the mainstream CEX cumulative short liquidation pressure will reach $9.05 billion.
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：[email protected]
VIP Services：[email protected]
App