Robinhood's Top Whale in the Ecosystem? Whale Lord Loracle Now Holds the Largest Short Position on the PONS and CASHCAT Chains

BlockBeats News, September 3rd, according to TradingBeats (formerly Hyperinsight) monitoring, the whale Loracle currently holds 3x short positions in CASHCAT and PONS, being the largest short position whale on-chain, with positions of $6.25 million and $4.08 million respectively, both currently in unrealized losses.

However, its collateral value is sufficient, providing a high margin of safety from liquidation. The liquidation price for CASHCAT is estimated to be $0.71, and for PONS, it is estimated to be $1.64.