Leveraged long ETH positions continue to be taken by the ZKasino project, with 3,723 ETH bought in the last 2 hours.
According to chain analysts, ZKasino's leveraged long ETH position continues to grow. In the past 2 hours, they borrowed 12.38 million DAI from Aave to buy 3723 ETH through revolving credit, and they have already borrowed 31.937 million DAI from Aave to buy 13,040 ETH by using 10,535 ETH belonging to their users as the base margin. The cost of these leveraged ETH purchases averages 34.02 million DAI, which is a floating loss at the moment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Peter Schiff: Someone has already created USAcoin, but I do not recommend buying it
BTC breaks through 96,000 US dollars