The ZCasino team has closed their leveraged long position on ETH, making a profit of $2.37 million.

BlockBeats News, December 3rd, according to on-chain analyst Yu Jin's monitoring, the ZKasino team has closed their leveraged long position on ETH, profiting 651.5 ETH (2.37 million USD).

· Earlier, the ZKasino team misappropriated 10,535 ETH belonging to users, borrowed 53.91 million DAI through on-chain lending, bought 15,645 ETH to leverage up on ETH;

· 6 hours ago, they chose to close this leveraged long position. They sold the 15,005 ETH bought through leverage and repaid the loan, gaining a profit of 651.5 ETH;

· Subsequently, they transferred the users' ETH and the resulting profit totaling 11,186.5 ETH (40.75 million USD) to 9 different addresses (or may not return the funds to users).