Data: Andrew Kang significantly increased his short positions in BTC and ETH, with an account floating loss of 605,000 USD

ChainCatcher message, recently, on-chain analyst Ai Yi (@ai 9684xtpa) monitored that Andrew Kang's associated addresses frequently adjusted their positions. The latest operations include increasing the BTC short position to 362.49 coins (approximately $39.97 million), increasing the ETH short position to 6,995.72 coins (approximately $27.81 million), while closing the HYPE long position (loss of $123,000) and reducing part of the ENA long position (profit of $1.615 million).

Currently, the total position of the account is $6.779 million in short positions and $2.92 million in long positions, with an overall floating loss of $605,000.