PONS short position losing $5.2 million; CASHCAT's top short seller Loracle increases position to 36.3 million tokens with 3x leverage, CASHCAT short position profitable by $530,000
Category: Financial
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Odaily News: Loracle, the largest short seller of CASHCAT on-chain, has continuously increased its 3x leveraged short position on the token over the past hour, with holdings now rising to 36.3 million CASHCAT tokens, currently showing a profit of $530,000 at an average entry price of $0.207. Additionally, its PONS short position is currently incurring a loss of $5.2 million, with an average entry price of $0.665.
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