Trader books $5 million shorting CASHCAT and PONS, still holds $20.74 million
The same short book was down $6.3 million at one point. On September 14 it showed over $5 million in profit, and the long side of CASHCAT and PONS is the other end.
On September 14, TradingBeats said trader Loracle had been cutting his 3x shorts on CASHCAT and PONS for two hours[1]. His short book was worth about $20.74 million, with over $5 million in profit not yet booked[2][3]. Average entry: $0.207 on CASHCAT and $0.665 on PONS[4][5]. The other side of that book is a bag someone still holds. The record shows the cut ran steady. It keeps no column for the buyer.
Who gains, who loses
Receipts
On September 14, 2026, TradingBeats monitoring reported that trader Loracle had been steadily reducing his 3x leveraged short positions in CASHCAT and PONS over the prior two hours.
“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.”
As of that September 14, 2026 update, Loracle’s combined short position value in CASHCAT and PONS was approximately $20.74 million.
“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.”
KuCoin’s summary of the September 14, 2026 activity states that Loracle adjusted short positions in CASHCAT and PONS and realized over $5 million in floating profit while reducing leveraged short exposure over the last two hours.
“On September 14, trader Loracle adjusted short positions in CASHCAT and PONS, realizing over $5 million in floating profit.”
On September 14, 2026, Loracle’s CASHCAT short position was approximately $5.74 million in value with an average entry price of $0.207, yielding an unrealized profit of about $1.712 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;”
The same September 14, 2026 snapshot showed Loracle’s PONS short position at approximately $15 million in value, with an average entry price of $0.665 and an unrealized profit of about $3.298 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.”
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.