Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
A trader made about $292,400 by closing his MKR short position

A trader made about $292,400 by closing his MKR short position

CointimeCointime2024/08/14 12:34
By:Cointime

According to Lookonchain monitoring, a smart trader earned about $292,400 by closing his $MKR short position. The trader borrowed 500 $MKR from Aave on July 19 and sold it for $1.37 million USDC. Just 16 hours ago, he repurchased the $MKR needed to pay off the debt for only $1.07 million USDC at a lower price.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Orbiter Finance collaborates with the Ethereum Foundation and the University of California, Santa Barbara to enhance the security model of bridging p

Since its establishment in 2021, Orbiter has been deeply exploring security, aiming to become a reliable infrastructure in the cross-chain field.

Chaincatcher2024/11/25 07:55

OXTUSDT now launched for futures trading and trading bots

Bitget has launched OXTUSDT for futures trading with a maximum leverage of 25, along with support for futures trading bots, on November 25, 2024 (UTC+8). Welcome to try futures trading via our official website (www.bitget.com) or Bitget APP. OXTUSDT-M perpetual futures: Parameters Details Listing t

Bitget Announcement2024/11/25 07:50

Bitget Spot Bot adds CHEEMS/USDT

We are pleased to announce that Bitget spot bot has now added: CHEEMS/USDT. Reference 1. Spot grid 2. Crash course on Spot Grid Disclaimer Despite high growth potential, cryptocurrencies still face high risks and volatility. You are strongly advised to do your own research as you invest at your own

Bitget Announcement2024/11/25 07:40