Leveraged long ETH positions continue to be taken by the ZKasino project, with 3,723 ETH bought in the last 2 hours.
According to chain analysts, ZKasino's leveraged long ETH position continues to grow. In the past 2 hours, they borrowed 12.38 million DAI from Aave to buy 3723 ETH through revolving credit, and they have already borrowed 31.937 million DAI from Aave to buy 13,040 ETH by using 10,535 ETH belonging to their users as the base margin. The cost of these leveraged ETH purchases averages 34.02 million DAI, which is a floating loss at the moment.
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