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Crypto Trader Bags $300,000 in a Month Shorting Leading DeFi Protocol’s Governance Token | Cryptoglobe
https://www.cryptoglobe.com/latest/2024/08/crypto-trader-bags-300000-in-a-month-shorting-leading-defi-protocols-governance-token/
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A cryptocurrency trader has managed to make around $300,000 in a single month shorting MakerDAO’s MKR token, having borrowed 500 MKR from popular decentralized finance (DeFi) protocol Aave on July 19, to then sell the tokens for $1.37 million.
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