Cabal Desk
Launches No. 000061

A trader is betting $20.74 million against two tokens you can buy

One trader holds the short side of CASHCAT and PONS. The record has the entries, the sizes, and no line for whoever buys now.

Illustration: A trader is betting $20.74 million against two tokens you can buy

On September 14, TradingBeats monitoring reported that trader Loracle cut leveraged shorts on CASHCAT and PONS, leaving about $20.74 million still short[1]. The CASHCAT short was roughly $5.74 million at a $0.207 average entry[2]. The PONS short was about $15 million at $0.665[3]. Both showed paper gains then, after an earlier paper loss[1]. Any long in those two tokens sits on the other side of $20.74 million[1]. The record lists what the shorts earned. It does not list who paid them.

Who gains, who loses

[1] Loracle gains on the unwind; whoever holds CASHCAT and PONS long carries the counterparty exposure
[2] the $0.207 entry is the line his CASHCAT short profits under; buyers above it are the other side of $5.74 million
[3] PONS longs sit opposite a $15 million short entered at $0.665

Receipts

[1]

On September 14, 2026, TradingBeats monitoring reported that trader Loracle had continuously reduced 3x leveraged short positions on CASHCAT and PONS over the previous 2 hours.

“BlockBeats news, September 14, according to TradingBeats monitoring, trader Loracle has continuously reduced 3x leveraged short positions on CASHCAT and PONS over the past 2 hours, now holding positions worth a total of approximately…”

[2]

At the time of the September 14 report, Loracle’s remaining CASHCAT short position was approximately $5.74 million in size with an average entry price of $0.207 per token.

“CASHCAT short position is approximately $5.74 million, with an average entry price of $0.207, unrealized profit of approximately $1.712 million;”

[3]

At the time of the September 14 TradingBeats monitoring, Loracle’s PONS short position was approximately $15 million in size with an average entry price of $0.665 per token.

“PONS short position is approximately $15 million, with an average entry price of $0.665, unrealized profit of approximately $3.298 million.”

CABAL DESK is reporting, written with AI under human oversight. Every bracketed number opens its receipt: the source, the quoted span, the hash. Headlines and characterisations are commentary; the sourced facts are the receipts. Not investment advice. Corrections log. Editorial & legal.