Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Bitget TraderPro program
Unlock your trading potential! Become a verified Bitget elite trader and earn 10,000 USDT to help skyrocket your profits. Join now and start your journey to success!
Overview
Introduction to Bitget copy trading and its advantages
Copy what suits you
Futures Copy Trading
Follow the world's top futures trading experts
Spot Copy Trading
Follow the world's top spot trading experts
Bot Copy Trading
Copy top bots to trade smarter
Earn products
Overview
Comprehensive investment and financial management
Savings
Earn daily profits with idle tokens
ETH 2.0
The only product with higher than on-chain returns!
Staking
Guaranteed earnings in both bear and bull markets
BGB Staking
Stake BGB for zero-fee withdrawals
Crypto Loans
Borrow crypto quickly and easily
Shark Fin
Principal-guaranteed high yields
Smart Trend
Time the market and enjoy incredible yields
Dual Investment
Buy low and sell high — profit no matter the market direction
Range Sniper
Profit from predicting price ranges
Promotions
BGB Zone
All BGB rewards in one place
Wealth Management
Grow your wealth with our top-tier asset management team
Spot auto-invest+
Automatically subscribe to auto-invest Earn products and earn for additional profits.
Launchpool
Stake and mine hot and new tokens
PoolX
Stake to win token airdrops

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: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!

You may also like

Trending news

More
1

Trump silent on crypto platform, SEC urged to clarify airdrops: Finance Redefined

2

Indian Supreme Court YouTube Channel Hacked, Promoting Ripple Cryptocurrency

Crypto prices

More
Bitcoin
Bitcoin
BTC
$62,924.47
-1.44%
Ethereum
Ethereum
ETH
$2,541
-0.50%
Tether USDt
Tether USDt
USDT
$1
-0.01%
BNB
BNB
BNB
$573.15
-0.62%
Solana
Solana
SOL
$145.73
-2.48%
USDC
USDC
USDC
$1.0000
+0.00%
XRP
XRP
XRP
$0.5827
-1.55%
Dogecoin
Dogecoin
DOGE
$0.1048
-2.31%
TRON
TRON
TRX
$0.1515
-0.68%
Cardano
Cardano
ADA
$0.3533
-2.06%
Bitget pre-market
Buy or sell coins before they are listed, including HMSTR, SCR, OGC, EIGEN, and more.
Trade now
Not a Bitgetter yet?Sign up now to embark on a journey into the crypto world!
Sign up now
Trade smarter
Trade smarter
Download app
Company
About Bitget Community Careers Ambassador Messi Blockchain4Youth Blockchain4Her Media Kit Bitget Academy Bitget Blog Announcement Center Proof of Reserves Protection Fund Bitget Token Friendship Links
Products
Buy crypto Spot Futures Margin Bots APIs Web3 Wallet
Copy
Spot Copy Trading Futures Copy Trading Bot Copy Trading TraderPro
Services
Submit Feedback Help Center Verify Official Channels VIP Services Affiliate Program Institutional Services Asset Custody Download Data Promotions Referral Program
Legal & Disclosures
Regulatory License AML/CFT Policies Law Enforcement Request Privacy Policy Terms of Use Legal Statement Risk Disclosure ST Rules
Tools
Sitemap Crypto Directory Crypto prices Bitcoin price Ethereum price BRC-20 price Crypto Wiki Crypto Widgets Events Calendar ICO Calendar Fee schedule
Buy crypto
Crypto categories Calculator Buy Bitcoin Buy ETH Buy DOGE Buy XRP Buy BGB Buy SHIB
Trade smarter
Download app
© 2024 Bitget
丨Privacy·Terms·Risk