Wow you actually can’t make this shit up. Loracle shorted $PONS and is down so bad he had to fork it and try to create a competitor. Not only that but he has also added more collateral to his position. His liquidation price is now 1.84 on 24.72M tokens (3.5% of TOTAL supply) $45.4M in market buy pressure if he gets liquidated. This could turn into one of the most violent liquidations we’ve seen in a long time.
LBShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.