Data: ZKasino project team continued to lend 9.36 million DAI to purchase 2,603 ETH 5 hours ago

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, the ZKasino project team borrowed 9.36 million DAI 5 hours ago to purchase 2,603 ETH.

After depositing 10,535 ETH from users into Aave as collateral, they have cumulatively borrowed 53.77 million DAI to purchase 15,645 ETH to leverage long on ETH. The average price of this leveraged ETH purchase is $3,437.

With the significant rise in ETH, the ZKasino project team has currently realized an unrealized profit of $3.22 million by using users' ETH as collateral for leveraged long operations.