- 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
Pacifica Launches ZK Rollup-based Perpetual Contract, Supporting up to 5x Leverage
BAL down over 8% in the last 24 hours, currently trading at $0.907
The well-known DeFi protocol Balancer has been hacked, with the funds lost exceeding $116.6 million.
Balancer Protocol, a popular automated portfolio management platform, has been exploited in a hack resulting in the loss of over $98 million worth of assets. The attack is still ongoing.
Flash Loan Attack: Attack against Balancer is still ongoing, with current total loss estimated to be around $88 million
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：bd@weex.com
VIP Services：support@weex.com
App