Trader Loracle Shorts CASHCAT, PONS; Unrealized Loss Grows to $2.4 Million

BlockBeats News, September 4th, according to TradingBeats monitoring, trader Loracle shorted CASHCAT and PONS with 3x leverage, with a total short position value of approximately $13 million. This was accompanied by CASHCAT hitting a new high market cap of over $300 million and PONS approaching a new high of $600 million. Loracle's current unrealized loss has increased to around $2.4 million.

CASHCAT has a short position value of around $6.6 million, with an average entry price of $0.23, resulting in an unrealized loss of around $1.1 million;

PONS has a short position value of around $6.3 million, with an average entry price of $0.47, resulting in an unrealized loss of around $1.3 million.

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