One wallet is $5.7 million up on PONS and CASHCAT shorts
The largest short on both tokens is taking profit while the position stays open. Whoever bought is the other side of it.
The largest on-chain short on PONS and CASHCAT started cutting on September 14, 2026.[1] The trader loraclexyz is taking profits, per TechFlow, citing Lookonchain.[2] The book is still open, worth about $20.74 million, against 27.47 million PONS and 35.95 million CASHCAT.[3][4] Unrealized profit sits near $5.7 million.[5] Every buyer of those two tokens is the other side of that book. The explorer lists the trim in the same format as the entry.
Who gains, who loses
Receipts
Over the past 2 hours, trader Loracle has been continuously reducing 3x leveraged CASHCAT and PONS short positions, with the activity reported on September 14, 2026.
“Odaily reports, according to Loracle monitoring, over the past 2 hours, trader Loracle has been continuously reducing 3x leveraged CASHCAT and PONS short positions.”
According to TechFlow on September 14, 2026, as tracked by Lookonchain, the largest on-chain short address for PONS and CASHCAT, loraclexyz, was taking profits.
“According to TechFlow, on September 14, as tracked by Lookonchain, the largest on-chain short address for PONS and CASHCAT, loraclexyz, is taking profits.”
As of the September 14, 2026 report, Loracle’s current total value of held 3x leveraged short positions in CASHCAT and PONS is approximately $20.74 million.
“The current total value of held positions is approximately $20.74 million, with unrealized profit exceeding $5 million, having previously suffered a loss of $6.3 million at one point.”
On September 14, 2026, the loraclexyz address held short positions totaling 27.47 million PONS tokens valued at approximately $14.3 million.
“The address currently holds short positions totaling 27.47 million PONS tokens valued at approximately $14.3 million, along with 35.95 million CASHCAT tokens valued at around $5.7 million, with unrealized profits of approximately $5.7…”
Phemex reported on September 13–14, 2026 that Loracle, the largest on-chain short position holder of PONS and CASHCAT, was taking profits with unrealized gains then standing at $5.7 million.
“Loracle, the largest on-chain short position holder of PONS and CASHCAT, is taking profits, with unrealized gains currently standing at $5.7 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.