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Loracle Bets Against AILoracle has opened
$75M in shorts from a
$61M account, betting heavily against the
Robinhood ecosystem and memory-chip makers. Positions include
22M Cashcat worth
$6M,
9.13M PONS worth
$5M, plus
SNDK at
$24M,
NVDA at
$19M, and
Micron at
$10M. Liquidation levels are
$0.68 for Cashcat and
$1.59 for PONS.
Previously,
Loracle cited a scenario from
Derivative Monke. A new
Claude model, successor to
Fable, will arrive in
late September and disappoint, convincing markets that
AI has hit a wall. Open-source models will catch up before reaching a similar limit by
late October.
Anthropic will reportedly launch an IPO in
late October at a
$2T valuation, triggering an isolated
AI industry crash as private investors create excess supply and retail investors recognize the growth story as marketing hype. A
Fed rate hike around the same time would worsen the market cascade.
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