TradingBeats said on Sept. 9 that Loracle, identified as the largest on-chain short seller in CASHCAT, kept increasing a 3x leveraged short position over the past hour. The position has now reached 36.3 million CASHCAT, with an unrealized profit of $530,000 and an average entry price of $0.207.
The monitor also showed that Loracle is holding a short position in PONS that is currently sitting on an unrealized loss of $5.2 million. The average entry price for that trade was reported at $0.665.
The update was published by BlockBeats as a market analysis brief, citing TradingBeats data. No additional images were provided with the item.
BlockBeats reported on Sept. 9, citing TradingBeats monitoring, that Loracle, described as the largest on-chain short seller in CASHCAT, has continued adding to a 3x leveraged short over the past hour.
The position has risen to 36.3 million CASHCAT and is currently showing an unrealized profit of $530,000. The reported average entry price stands at $0.207.
Separately, Loracle’s short position in PONS is currently posting an unrealized loss of $5.2 million, with an average entry price of $0.665.
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