Loracle adds to 3x CASHCAT short as holdings reach 36.3 million

  • Loracle continued adding to its 3x leveraged CASHCAT short position.
  • 36.3 million CASHCAT were held, showing a $530,000 profit at $0.207 average entry.
  • Loracle’s PONS short showed a $5.2 million loss at $0.665 average entry.

Loracle, identified as the largest on-chain short seller of CASHCAT, continued increasing a 3x leveraged short position over the past hour. The position reached 36.3 million CASHCAT, with an unrealized profit of $530,000 and an average entry price of $0.207. Loracle’s PONS short was showing a $5.2 million loss at an average entry price of $0.665. Position data was linked to TradingBeats.

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