Trader Loracle continued reducing 3x leveraged short positions (bets on price declines) in CASHCAT and PONS over the past two hours, according to Hyperbot monitoring. The combined positions were valued at about $20.74 million and carried more than $5 million in unrealized profit, after the trader had previously been down $6.3 million. The CASHCAT short was worth about $5.79 million, opened at an average price of $0.207, and showed approximately $1.712 million in profit. The PONS short was worth about $15 million, opened at an average price of $0.665, and showed approximately $3.298 million in profit.