Andrew Kang has taken a significant short position, betting against over 10,000 Ethereum ($ETH) while employing 25 times leverage. This strategy allows him to amplify potential profits on declining asset values. Shorting inherently involves selling assets not currently owned, with the intention of repurchasing them at lower prices. With such high leverage, the risk associated with the position increases, potentially leading to substantial gains or losses. Investors often utilize shorting as a method to hedge against market downturns or to speculate on negative price trends.
