Foresight News reports that on-chain analyst Yu Jin has monitored that the ZKasino project's leverage long position on ETH is still continuing to increase. In the past 2 hours, they borrowed 12.38 million DAI from Aave through a circular loan to purchase 3,723 ETH. They have accumulated a total borrowing of 31.937 million DAI from Aave, using 10,535 ETH belonging to users as the base margin to buy 13,040 ETH. The average cost of these ETH bought with leverage is 3,402, and they are currently at a floating loss.
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ZKasino project's leverage long position on ETH continues to increase, purchasing 3,723 ETH in the past 2 hours
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