According to Lookonchain, a smart money address loraclexyz opened 3x leveraged short positions on 17.26 million PONS (~$11.6M) and 22.5 million CASHCAT (~$6.18M). The positions are currently underwater, with floating losses of $2.38M and $0.97M respectively, totaling $3.35M.
Lookonchain has pointed to a smart money address, loraclexyz, that opened two 3x leveraged short positions: 17.26 million PONS tokens, worth about $11.6 million, and 22.5 million CASHCAT tokens, valued at roughly $6.18 million. Right now, the PONS short is sitting on a floating loss of $2.38 million. The CASHCAT short is down $0.97 million. So the combined unrealized loss stands near $3.35 million.
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