Trader Loracle reduces short positions in CASHCAT and PONS, locking in over $5M in profits.

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CASHCAT
$0.16630.6%
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PONS
$0.633513.85%
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On September 14, trader Loracle adjusted short positions in CASHCAT and PONS, realizing over $5 million in floating profit. Over the last two hours, the trader reduced leveraged short exposure, with a total position value of $20.74 million. The CASHCAT short position is valued at $5.74 million, with a floating profit of $1.712 million and an average entry price of $0.207. Loracle’s PONS short position stands at $15 million, with a floating profit of $3.298 million and an average entry price of $0.665. This adjustment aligns with a take-profit strategy as key support and resistance levels shift.

Huo Xing Cai Jin reports that on September 14, according to TradingBeats monitoring, trader Loracle has been steadily reducing his 3x leveraged short positions in CASHCAT and PONS over the past two hours. His current combined position value is approximately $20.74 million, with an unrealized profit exceeding $5 million—after previously facing a maximum unrealized loss of $6.3 million. His CASHCAT short position stands at approximately $5.74 million, with an average entry price of $0.207, yielding an unrealized profit of about $1.712 million; his PONS short position is approximately $15 million, with an average entry price of $0.665, generating an unrealized profit of about $3.298 million.

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