Bitcoin Short Position Reaches $103M as Andrew Kang’s Address Adds to BTC Exposure, Driving Total Notional Toward $1.33B

According to HyperInsight monitoring, a linked crypto wallet built a notable BTC short position with a near notional value of $103 million and placed a take-profit order near $106,000. The data underscore ongoing active risk management in crypto markets, where wallet activity can influence liquidity and price discovery. The position is currently in a floating profit state, highlighting sensitivity to near-term BTC price fluctuations.

After yesterday’s tariff-related remarks, the same wallet trimmed a long ENA position (~$5.42 million) and expanded its BTC short by about $24.86 million while adding $2.58 million to its ETH short exposure. Week-to-date, the bundle shows about $5.27 million in realized gains, with total notional exposure near $1.33 billion. Floating profit remains above 30%, signaling continued risk-off positioning in select crypto instruments.