Short seller Loracle books $14.3M profit on $PONS
- —Loracle booked a $14.3 million profit on a short position in $PONS
- —He retains $CASHCAT shorts worth $5.7 million
- —Position data was published by analyst @lookonchain
Why it matters: A major short seller taking profit is a signal of a possible shift in sentiment toward low-liquidity tokens.
Source: Coinfomania