Trader Loracle Cuts Leveraged CASHCAT and PONS Shorts, Still Up More Than $3 Million

Trader Loracle has continued reducing 3x leveraged short positions in CASHCAT and PONS over the past hour. According to Odaily, the positions are worth about $16.04 million in total, and the trader is still up more than $3 million after at one point being down $6.3 million. The CASHCAT short is worth about $4.21 million, with an average entry price of $0.207 and a profit of about $1.468 million. The PONS short is worth about $11.83 million, with an average entry price of $0.665 and a profit of about $1.566 million.