Andrew Kang lost approximately $432,000 on August 18 after trading with up to 100x leverage.
Lookonchain revealed that Andrew Kang lost over $430,000 in a single day after the recent crash of the digital asset market liquidated his long positions.
Kang’s positions opened on August 18 included Bitcoin , Ethereum , and Arbitrum , as he traded with up to 100x leverage. However, he lost all 14 long trades that day due to the market crash and his risky strategy. The total losses equaled approximately $432,000.
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