Data: The ZKasino project team continues to leverage long positions on ETH, having purchased 3,723 ETH in the past 2 hours
ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, the ZKasino project team continues to increase their leveraged long position on ETH. In the past 2 hours, they borrowed 12.38 million DAI from Aave through a loop loan to purchase 3,723 ETH. They have used 10,535 ETH belonging to users as the base margin and have cumulatively borrowed 31.937 million DAI from Aave to acquire 13,040 ETH. The average cost of these leveraged purchases of ETH is 3,402, and they are currently at a floating loss.
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