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coinpedia 2023-08-21 16:08:12

Mechanism Capital Co-founder Loses Over $430k Crypto Cash!

The post Mechanism Capital Co-founder Loses Over $430k Crypto Cash! appeared first on Coinpedia Fintech News Andrew Kang, co-founder of crypto investment firm Mechanism Capital, has reportedly lost over $430,000 in a single day after the digital asset market crashed. According to Lookonchain, Kang made 14 trades in leveraged positions on Bitcoin, Ethereum, and Arbitrum, resulting in significant losses. The news highlights the potential volatility of cryptocurrency investments, and the risks …

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