PANews reported on August 14 that according to Lookonchain monitoring, a smart trader earned about $292,400 by closing his $MKR short position. The trader borrowed 500 $MKR from Aave on July 19 and sold it for $1.37 million USDC. 16 hours ago, he spent only $1.07 million USDC to buy back the $MKR needed to repay the debt at a lower price.