Data: A smart money address earned nearly $300,000 by short MKR
Foresight News, according to Lookonchain monitoring, a smart money address has just closed its short position on MKR, earning $292,400. The address borrowed 500 MKR from Aave on July 19 and sold it for $1.37 million USDC. Due to the price drop, 16 hours ago, the trader only spent $1.07 million USDC to buy back the MKR needed to repay the debt at a lower price.
