The ZKasino project team is still increasing its leveraged long ETH positions, buying 3,723 ETH in the past 2 hours

Odaily News According to the monitoring of on-chain analyst Ember, the ZKasino project's leveraged long ETH position is still increasing: In the past 2 hours, they borrowed 12.38 million DAI from Aave through a revolving loan to purchase 3,723 ETH. They used 10,535 ETH belonging to users as the basic margin and have borrowed 31.937 million DAI from Aave to purchase 13,040 ETH. The average cost of these leveraged ETH purchases is $3,402, and they are currently losing money.