Trader Makes $15M Profit in Crypto Market Crash


Since the start of the year, Bitcoin and Ethereum have been moving in lockstep.

Recent flash crashes in both cryptocurrencies significantly reduced investors'  returns on investment and eliminated traders' long positions.

As per Nansen data, Andrew Kang, a trader, made nearly $15 million in profit by leverage shorting Bitcoin and Ethereum.

Kang used the GMX and Kwenta platforms to execute the trades.