Trader Makes $15M Profit in Crypto Market Crash

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

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

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

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

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