Loracle's $7.1 million CASHCAT short position turns profitable, previously down $1.4 million

Odaily News: According to on-chain data, trader Loracle shorted CASHCAT two days ago with a position size of approximately $7.1 million. The position was previously down as much as $1.4 million, but has now turned to a floating profit of $194,000.

Loracle's current short position accounts for approximately 4.4% of CASHCAT's total supply.