Short position
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Andrew Kang opened a short position exceeding $5.6 million
According to reports, Andrew Kang (0xe8c19db00287e3536075114b2576c70773e039bd), founder of Mechanism Capital and GMX platform of the derivatives agreement, closed his long positions in ETH and BTC today, and subsequently opened a short position exceeding $5.6 million, with a current net worth of about $5.31 million. Interpretation of this information: The message reports on the decision made by Andrew Kang, the founder of Mechanism Capital and GMX platform, to close his long positions in ETH and Bitcoin and open a short position exceeding $5.6 million. As a result, his current net worth…
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GMX platform giant whale immediately opened a short position of more than US $2.7 million after closing the long position of ETH and BTC
On February 14, it was reported that after the derivatives agreement GMX platform Jujing (0xe8c19db00287e3536075114b2576c70773e039bd) closed its long positions in ETH and BTC on February 11, it immediately opened 1000 ETH short positions with 9.7 times leverage, 35 WBTC short positions with 21.49 times leverage, and 300 WETH short positions with 12.8 times leverage. The address opened a short position of US $2.735 million on February 11, with a net value of US $2.575 million. The community speculated that the address might belong to Andrew Kang, CFO of MicroStrategy. Interpretation…
