PANews reported on October 22nd that according to monitoring by on-chain analyst @ai_9684xtpa, the frequently changing address associated with Andrew Kang (not Andrew Kang’s own wallet) had liquidated its positions before 1 a.m., resulting in a loss of $62,000.
Earlier news showed that the address associated with Andrew Kang opened a 25x long position on ETH from idle long.


Ethereum co-founder Vitalik Buterin defended his blockchain’s 45-day exit queue after Galaxy Digital’s head of digital called it “troubling,” sparking backlash. Ethereum co-founder Vitalik Buterin has finally addressed some concerns over the lengthening Ethereum staking exit queue, which has now grown to 45 days. His response came after Galaxy Digital’s head of DeFi, Michael Marcantonio, called the exit queue length “troubling” on X and compared it to Solana which only needs two days to unstake. He has since deleted the posts. However, Buterin seemingly took a more ideological stance on the subject, describing unstaking from Ethereum as “more like a soldier deciding to quit the army,” adding that staking is more about “taking on a solemn duty to defend the chain.”Read more
