Trader Loracle has been cutting back 3x leveraged short positions in CASHCAT and PONS over the past two hours, according to TradingBeats monitoring cited by BlockBeats on Sept. 14. The combined value of the remaining positions stands at about $20.74 million, while unrealized profit is still above $5 million. The account had previously swung to an unrealized loss of $6.3 million before returning to profit.
The CASHCAT short is worth about $5.74 million, with an average entry price of $0.207 and current unrealized profit of roughly $1.712 million. The PONS short is worth about $15 million, with an average entry price of $0.665 and unrealized profit of around $3.298 million. The update reflects active position trimming rather than a full exit, with both short positions still on the books at the time of the monitoring data.
Trader Loracle has continued to reduce 3x leveraged short positions in CASHCAT and PONS over the past two hours, according to TradingBeats monitoring cited by BlockBeats on Sept. 14.
The trader's remaining positions are valued at about $20.74 million in total and are still showing more than $5 million in unrealized profit. Earlier, the account had at one point recorded an unrealized loss of $6.3 million.
The CASHCAT short is worth about $5.74 million, with an average entry price of $0.207 and current unrealized profit of about $1.712 million. The PONS short is worth about $15 million, with an average entry price of $0.665 and unrealized profit of about $3.298 million.
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