🕯 Loracle Bets Against AI
Loracle has taken a bold $75M short position from a $61M account, targeting key players in the Robinhood ecosystem and memory chip sector. The portfolio includes $6M in 22M Cashcat, $5M in 9.13M PONS, alongside $24M in SNDK, $19M in NVDA, and $10M in Micron. Key liquidation points sit at $0.68 for Cashcat and $1.59 for PONS.
This move follows a scenario previously outlined by Derivative Monke: a new Claude model—successor to Fable—is expected in late September but may underperform, shaking market confidence in AI’s trajectory. By late October, open-source alternatives could close the gap, only to hit similar performance ceilings.
Reports suggest Anthropic plans an IPO in late October at a $2T valuation—an event that could spark a targeted collapse in the AI sector. As private investors flood the market with shares, retail participants may finally see through the hype. If the Fed hikes rates around the same time, the downturn could accelerate.
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2September 4, 2026 1K
