Getting Crushed on Two 3x Shorts . loraclexyz is betting against both $PONS and $CASHCAT ... and so far, it’s going badly.
The wallet 0xefe4c06b6d310978bead596e1798a4fc1d9d194b is currently holding a 3x short on 17,261,143 #pons . The position is showing a value of about $11.77M, with an entry around $0.53613 and the mark price now at $0.68218.
That has the trader down roughly $2.52M, or -64.21% on the position. The liquidation price is sitting at $1.09409.
And PONS isn’t the only problem. They’re also short 22,499,868 #CASHCAT on 3x leverage. The position is currently worth about $5.97M, entered around $0.231494, while the mark price is around $0.26495.
That short is down another $764K (-38.40%). So across the two positions, the unrealized loss is already around $3.28M.
Pretty rough spot for a trader betting on both tokens going down... and neither position seems to be going their way right now.
The wallet 0xefe4c06b6d310978bead596e1798a4fc1d9d194b is currently holding a 3x short on 17,261,143 #pons . The position is showing a value of about $11.77M, with an entry around $0.53613 and the mark price now at $0.68218.
That has the trader down roughly $2.52M, or -64.21% on the position. The liquidation price is sitting at $1.09409.
And PONS isn’t the only problem. They’re also short 22,499,868 #CASHCAT on 3x leverage. The position is currently worth about $5.97M, entered around $0.231494, while the mark price is around $0.26495.
That short is down another $764K (-38.40%). So across the two positions, the unrealized loss is already around $3.28M.
Pretty rough spot for a trader betting on both tokens going down... and neither position seems to be going their way right now.
