TechFlow reports on November 26 that, according to on-chain analyst Yujin's monitoring, the ZKasino team has been continuously increasing its ETH holdings through leveraged operations. Within the past two hours, they borrowed 12.38 million DAI from Aave via a looping loan mechanism to purchase 3,723 ETH. So far, ZKasino has deposited users' 10,535 ETH entirely into Aave as collateral, accumulating borrowings of 31.937 million DAI and acquiring a total of 13,040 ETH through leverage. The average purchase price for these leveraged ETH positions is $3,428.
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