Data: Andrew Kang-related addresses open high-leverage short positions in ETH and BTC, with a total position value of $68.24 million
According to ChainCatcher, on-chain analysts have monitored that an address associated with Andrew Kang has opened a 25x short position on 10,275.86 ETH and a 40x short position on 269.53 BTC, with a total short position value of $68.24 million.
This address still holds a long position in ENA and has made a profit of $5.6 million in the past week.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The White House did not intervene in the decision-making of Nvidia's board of directors.
BoE’s Greene says it is appropriate to proactively tighten our monetary policy stance
CoreWeave plans to issue at least $4 billion in investment-grade loans, falling nearly 6% after hours
According to Bloomberg, CoreWeave is seeking to refinance at least 4 billion USD through an investment-grade loan, led by Morgan Stanley and Mitsubishi UFJ, with a syndication roadshow expected to start as soon as next week. This financing continues the structure of using Nvidia chips and customer contracts as collateral, with the yield on the issuance anticipated to be around 7% to 7.5%, much lower than its junk bond yield. Following the news, CoreWeave's shares fell nearly 5.8% after hours.
Crypto prices
More
