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TechFlow news, April 9 — According to on-chain analyst Onchain Lens (@OnchainLens), an address linked to Andrew Kang (@Rewkang), co-founder of Mechanism Capital, deposited $2.27 million in USDC into Hyperliquid to increase a long Bitcoin position with 40x leverage. The current value of this long Bitcoin position exceeds $100 million.
According to on-chain analyst Onchain Lens (@OnchainLens), an address linked to Mechanism Capital co-founder Andrew Kang (@Rewkang) deposited $2.27 million in USDC into Hyperliquid to increase a long Bitcoin position with 40x leverage. The current value of this long Bitcoin position exceeds $100 million.
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