{"id":662598,"date":"2025-04-14T10:15:17","date_gmt":"2025-04-14T07:15:17","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/mechanism-capital-founder-doubles-bitcoin-position-with-a-200m-long\/"},"modified":"2025-04-14T10:15:17","modified_gmt":"2025-04-14T07:15:17","slug":"mechanism-capital-founder-doubles-bitcoin-position-with-a-200m-long","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/mechanism-capital-founder-doubles-bitcoin-position-with-a-200m-long\/","title":{"rendered":"Mechanism Capital founder doubles Bitcoin position with a $200M long"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\">\n                        <img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTIvMDE5M2RiMWQtNWIzZi03ZDBjLWI5YTEtYjZkNjlmM2M2ZjU3.jpg\" class=\"type:primaryImage\">\n                    <\/p>\n<p>Mechanism Capital founder Andrew Kang has put another $100 million bet that Bitcoin will gain in price, doubling a bet from days earlier.<\/p>\n<p><p>Andrew Kang, founder of the crypto venture firm Mechanism Capital, has seemingly doubled down on his bet that Bitcoin will gain in price with a $200 million long position, onchain data shows.\u00a0<\/p>\n<p>\u201cAndrew Kang just doubled his Bitcoin position,\u201d crypto analytics firm Arkham <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/arkham\/status\/1911124024068813099\" rel=\"null\" target=\"null\" title=\"null\">said<\/a> in an April 12 X post. It explained a crypto address tied to Kang made another $100 million long bet on Bitcoin (BTC) with an expected profit, or loss, of $6.8 million.<\/p>\n<p>On April 9, Arkham <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/arkham\/status\/1910033393502281894\" rel=\"null\" target=\"null\" title=\"null\">noted<\/a> that the Kang-tied wallet had put on a $100 million leverage-long bet on Bitcoin after US President Donald Trump <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/114308272725981913\" rel=\"null\" target=\"null\" title=\"null\">posted<\/a> to his Truth <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Social<\/a> platform earlier the same day that \u201cTHIS IS A GREAT TIME TO BUY!!! DJT.\u201d<\/p>\n<p>Read more<\/p>\n<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/mechanism-capital-founder-doubles-bitcoin-position-200-million-long?utm_source=rss_feed&#038;utm_medium=feed&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mechanism Capital founder Andrew Kang has put another $100 million bet that Bitcoin will gain in price, doubling a bet from days earlier. Andrew Kang, founder of the crypto venture firm Mechanism Capital, has seemingly doubled down on his bet that Bitcoin will gain in price with a $200 million long position, onchain data shows.\u00a0&#8230;<\/p>\n","protected":false},"author":1,"featured_media":662599,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2024-12\/0193db1d-5b3f-7d0c-b9a1-b6d69f3c6f57","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,81209,71407],"class_list":["post-662598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-options","tag-trading"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/662598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=662598"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/662598\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/662599"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=662598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=662598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=662598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}