Andrew Kang is suspected of using high leverage to go long/short
Coin World reported that Lookonchain monitoring data showed that Andrew Kang, the co-founder of Mechanism Capital, seems to be using high leverage to long/short BTC and ETH on the MUX platform. He traded a total of 8 times, was liquidated 7 times, and lost $377,000; he used up to 100 times leverage.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.