ZKasino once again lends 9.36M DAI to buy 2,603 ETH
November 28, 2024, 1:17 AM
Crypto gambling project ZKasino once again lent 9.36 million DAI to purchase 2,603 ETH about five hours ago, on-chain analyst @EmberCN reported via X. In the wake of depositing 10,535 ETH of user assets into Aave as margin, ZKasino has cumulatively lent 53.77 million DAI to buy 15,645 ETH for the purpose of going long in ETH margin trading, with an average cost of $3,437 per ETH. Notably, with the surge in ETH, the operations of going long in ETH margin trading have brought ZKasino a total floating profit of $3.22 million, according to the post.
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