Andrew Kang Increases ETH and BTC Short Positions Amid Market Volatility

Market volatility has spurred Andrew Kang, co-founder of Mechanism Capital, to significantly increase his short positions in both Ethereum (ETH) and Bitcoin (BTC). His high-leverage trades are raising eyebrows within the market, particularly given his recent address change. This action highlights the increased risk appetite among influential market players, potentially influencing price dynamics and prompting close community monitoring.