Current unrealized profit exceeds $5 million, Loracle reduces 3x leveraged CASHCAT and PONS short positions

Odaily reports, according to Loracle monitoring, over the past 2 hours, trader Loracle has been continuously reducing 3x leveraged CASHCAT and PONS short positions. 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. Among these, the CASHCAT short position is approximately $5.74 million, with an average entry price of $0.207, and unrealized profit of approximately $1.712 million; the PONS short position is approximately $15 million, with an average entry price of $0.665, and unrealized profit of approximately $3.298 million.