Cabal Desk

Receipt 4

Sep 14

Supports a sentence in Loracle's CASHCAT and PONS short turns a $6.3M hole into $5M

[4]

As of the same September 14 snapshot, Loracle’s 3x leveraged PONS short was approximately $15 million in size, with an average entry price of $0.665 per token.

verified span

“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.”
Source
kucoin.com https://www.kucoin.com/news/flash/trader-loracle-reduces-short-positions-in-cashcat-and-pons-booking-over-5m-profit
Verification
Span verified: the quoted text was found at the source at build time.
Span SHA-256
2a919336bdbc1dddf78cfc475a2de084076c08a4d4fb12cb626a419c95d67ee2