ZKasino has recently attracted attention for its on-chain operations. According to on-chain data analyst Yu Jin's monitoring, the ZKasino address began using "funds prepared for refunding users" for leverage operations 7 hours ago. They deposited 5,270 ETH into Aave as collateral, borrowing 11.589 million DAI, and then further increased their position by 3,500 ETH. 🤔
This operation has sparked widespread discussion in the market, with investors expressing concerns about ZKasino's fund management strategy. While such operations may yield high returns, they also come with high risks. 📊
In the crypto market, similar leverage operations are not uncommon, but investors should remain cautious and closely monitor market dynamics. 🔍