🕯 Loracle Bets Against AI
Loracle took a $75M short from a $61M account, targeting Robinhood players and memory chip makers: $6M in 22M Cashcat, $5M in 9.13M PONS, $24M in SNDK, $19M in NVDA, $10M in Micron. Key liquidations: $0.68 (Cashcat), $1.59 (PONS).
Move follows Derivative Monke’s scenario. A new Claude model (post-Fable) may underwhelm by late September, shaking AI confidence. Open-source AI may close the gap by late October but stall.
Anthropic may IPO then at a rumored $2T valuation, risking a sector crash as insiders exit and hype fades. A Fed rate hike could worsen fallout.
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2September 4, 2026 1.1K 1
