BlockBeats news, on November 28, according to Ember monitoring, the ZKasino project team continued to borrow 9.36 million DAI 5 hours ago to purchase 2,603 ETH. After depositing 10,535 ETH from users into Aave as collateral, they have borrowed a total of 53.77 million DAI to buy 15,645 ETH to leverage long on ETH.
The average price of ETH bought through leverage in this part is $3,437. With the significant rise in ETH, the ZKasino project team has already made an unrealized profit of $3.22 million by using users' ETH as collateral for leveraged long operations.
