Huo Xing Cai Jing reports that, on September 3, according to TradingBeats (formerly Hyperinsight), the whale Loracle currently holds leveraged short positions of 3x in CASHCAT and PONS, making it the largest short-position whale on-chain, with positions valued at $6.25 million and $4.08 million respectively, both currently underwater. However, its collateral value remains sufficient, providing a high safety margin before liquidation. The estimated liquidation price for CASHCAT is $0.71, and for PONS, it is $1.64.
Whale Loracle holds the largest short positions in CASHCAT and PONS
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Summary
Whale Loracle holds 3x short positions in CASHCAT and PONS, valued at $6.25 million and $4.08 million, respectively. Both positions are currently in floating loss, but collateral remains robust, providing a high safety margin before liquidation. Estimated liquidation prices are $0.71 for CASHCAT and $1.64 for PONS. Traders are closely monitoring key support and resistance levels. Value investing in crypto remains a priority amid ongoing market volatility.
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