ZKasino project party has ended the leverage to do long ETH, profit 2.37 million dollars
According to on-chain analyst Ember monitoring, the ZKasino project party has ended the leverage to long ETH and made a profit of 651.5 ETH ($2.37 million).
1. The ZKasino project party misappropriated 10,535 ETH belonging to the user some time ago, borrowed 53.91 million DAI on the chain to buy 15,645 ETH to leverage long ETH;
2.6 hours ago, they chose to end this leveraged long move. They sold 15,005 ETH bought through leverage and repaid, earning 651.5 ETH;
3. They then dispersed a total of 11,186.5 ETH (40.75 million USD) belonging to the user and the resulting proceeds to 9 addresses.