logo

Andrew Kang temporarily increased his long position in ENA to hedge risk, and the BTC short position he opened last night is now down over 50%.

By: theblockbeats.news|2025/10/27 04:15:53

BlockBeats News, October 27th, according to HyperInsight monitoring, it was reported that 4 hours ago, the co-founder of Mechanism Capital, Andrew Kang, made a move related to address 0x0b5. He added to his long position on ENA 4 hours ago, bringing the average price to $0.465. The nominal value of the position is approximately $4.08 million, and the unrealized return remains above 90%.


Further monitoring data shows that this address partially closed a long position on ENA 14 hours ago to take profits. Subsequently, the funds were used to open a short position on BTC, with an average position price of approximately $11.36 million. The nominal value of this short position is $3.2 million. With today's rise in BTC price, the short position is currently experiencing over 50% unrealized loss.

Jia Yueting: First Batch of C10 Crypto Treasury Allocation Completed
x402 Ecosystem "Change of Leadership": How Did PayAI Overtake PING?

You may also like

Share
copy

Gainers

Latest Crypto News

05:45

Grvt GLP Strategy Reopened, Fund Cap Increased to $7.5 Million

05:45

An whale has deposited an additional 1.5 million USDC to avoid the liquidation of a 10x leveraged position in ZEC. The unrealized loss on the position has now reached 4.28 million USD.

05:15

A whale has transferred 15,396 AAVE to FalconX, incurring a $1.54 million loss.

05:15

Most Popular Meme Coins on the Monad Chain Experience 50% Value Plunge, While Moncock Surges Against the Trend by 350%

04:45

Wall Street Analyst Warning: This Year's "Santa Claus Rally" May Be Absent as Investors Buy More Downside Protection

Read more
Community
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MMbd@weex.com

VIP Servicessupport@weex.com