Andrew Kang is suspected of using high leverage to go long/short

Coin World reported that Lookonchain monitoring data showed that Andrew Kang, the co-founder of Mechanism Capital, seems to be using high leverage to long/short BTC and ETH on the MUX platform. He traded a total of 8 times, was liquidated 7 times, and lost $377,000; he used up to 100 times leverage.