Stand Up for Investors' Right to Know – Say No to Dumping Sell-Offs! [RootData Bounty Campaign]
API Download the RootData App

Data: The ZKasino project team has finished leveraging long positions on ETH, making a profit of 2.37 million USD

Dec 03, 2024 09:20:26

Share to

ChainCatcher message, according to on-chain analyst Yu Jin's monitoring, the ZKasino project team has ended their leveraged long position on ETH, making a profit of 651.5 ETH (2.37 million USD).

Recently, the ZKasino project team misappropriated 10,535 ETH belonging to users to borrow 53.91 million DAI on-chain to buy 15,645 ETH for a leveraged long position on ETH; 6 hours ago, they chose to end this leveraged long position. They sold 15,005 ETH bought through leverage and repaid the loan, earning a profit of 651.5 ETH; subsequently, they dispersed and transferred a total of 11,186.5 ETH (40.75 million USD), which includes the users' ETH and the profits, to 9 addresses.

Recent Fundraising

More
$3M Dec 16
$107M Dec 16
$8M Dec 16

New Tokens

More
Dec 11
Almanak ALMANAK
Dec 11
Dec 11

Latest Updates on 𝕏

More