<p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/crypto-live-news/mechanism-capital-co-founder-loses-over-430k-crypto-cash/">Mechanism Capital Co-founder Loses Over $430k Crypto Cash!</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>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 involved in leveraged trading. Despite the setback, Kang remains optimistic about the long-term potential of the digital asset market, stating that “volatility is part of the game in crypto.”</p>

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

CoinPedia News

Otros artículos publicados el 21 ago 2023

Price Prediction – Chainlink, Uniswap, and Pomerdoge

Binance support hints at euro transfer and withdrawal issues

Top 5 Market Watch Points Traders Should Look Out For This Week

Bloomberg Expert Mike McGlone Anticipates Decline in Major Bitcoin Price Spikes

Top 5 best crypto arbitrage bots today. Cryptocurrency Arbitrage with Bitcoin. How profitable wil...

RUNE Price Prediction: Price Skyrokted, Will It Continue?

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!