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Whale trader closing MKR short position success
Aave profits

Whale Trader Profits $292K by Closing MKR Short Position

On August 14, a whale trader closed a significant MKR short position with a profit of $292,400. Having borrowed MKR and sold it for USDC, the trader repurchased MKR at a lower price to repay the debt.

crypto tradingGraph showcasing the rise in trading volumes of decentralized exchanges.

Decentralized Exchanges Surge as Trading Volumes Hit Record Highs

Decentralized exchanges (DEXs) are experiencing unprecedented growth, with daily trading volumes exceeding $5 billion. Discover the advantages of DEXs over CEXs, including better user experience an...