According to BlockBeats, on August 14, according to Lookonchain monitoring, a whale address trader closed his MKR short position and made a profit of approximately US$292,400.

On July 19, the trader borrowed 500 MKR from Aave and sold it for 1.37 million USDC. 16 hours ago, he bought back the MKR needed to repay the debt for only 1.07 million USDC.