Deep Tide TechFlow News, on November 28, according to on-chain analyst Yu Jin's 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 cumulatively borrowed 53.77 million DAI to purchase 15,645 ETH to leverage long on ETH. The average price of the ETH bought through leverage is $3,437.
With the significant increase in ETH, the ZKasino project team's operation of using users' ETH as collateral for leveraged long has currently realized a profit of $3.22 million.