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Andrew Kang's associated address has increased its BTC short position to $100 million, and has partially taken profit at $106,000.

2025-10-21 13:57

BlockBeats News, October 21st, according to HyperInsight monitoring, Mechanism Capital co-founder Andrew Kang's related address (0x0b5) continuously added to his BTC short position for three hours, with the current notional value reaching $103 million, and he placed partial take-profit orders at $106,000.


According to monitoring, after last night's "Trump said he would impose 155% tariffs if no agreement is reached" announcement, the address adjusted its position accordingly: closing a long position of about $5.42 million in ENA, and adding $24.86 million to the BTC short position and $2.58 million to the ETH short position. Currently, it has made a profit of $5.27 million this week, with a total notional value of about $1.33 billion. All positions are in a floating profit state, with a floating profit margin of over 30%.

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