The ZKasino project borrowed 12.38 million DAI from Aave again in the past 2 hours to go long on ETH
ZKasino's project party is still increasing its leverage long position on ETH. In the past 2 hours, they have borrowed 12.38 million DAI through loop lending from Aave to purchase 3,723 ETH. They have accumulated a total borrowing of 31.937 million DAI from Aave using 10,535 ETH belonging to users as the underlying collateral to purchase 13,040 ETH. The average cost of these leveraged ETH purchases is $3,402, and they are currently at a floating loss.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ChatGPT Says XRP Will Trade At This Price By January 31, 2025
Elon Musk’s Grok Says Cardano (ADA) Will Trade At This Price On January 31, 2025
BlockDAG’s Refer & Earn Program: Unlimited USDT Cashbacks for $30 Purchases! Explore TON & AVAX Prices Trends
Cosmos, Cardano, and Litecoin Poised for Explosive Moves in January