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Andrew Kang's associated address closed a short order of BTC worth over 25 million USD, with a floating return rate of over 160%.
On October 22, according to HyperInsight monitoring, 8 hours ago, Mechanism Capital co-founder Andrew Kang's related address (0x0b5) took a take profit on a short order of 230 BTC, reducing Holdings by approximately 25.32 million dollars, and 4 hours ago increased the position on a long order of ENA by over 1.5 million dollars for hedging. Additionally, monitoring shows that the address opened a new 40x short order of BTC at 113,200 dollars at 1 AM today, with a Holdings size of approximately 29.9 million dollars, and currently still has 4.16 million dollars in short orders, with a floating return rate of over 160%. At the same time, its 25x long order of ETH took profit and turned short at a peak of 4,008 dollars, with a current floating return rate of over 100%.