ZKasino project continued to lend 9.36 million DAI to buy 2,603 ETH 5 hours ago
According to on-chain analyst Ember monitoring, the ZKasino project continued to lend 9.36 million DAI to buy 2,603 ETH 5 hours ago. After depositing the user's 10,535 ETH into Aave as a margin, they have lent a total of 53.77 million DAI to buy 15,645 ETH to leverage long ETH. The average price of ETH bought through leverage is $3,437.
With the rise of ETH, the ZKasino project side misappropriated the user's ETH as a margin lever to do more operations has been floating 3.22 million dollars.