Loracle Increases PONS Short Position to 24.72M Tokens, Unrealized Loss Widens to $7.11M

Loracle Increases PONS Short Position to 24.72M Tokens, Unrealized Loss Widens to $7.11M

N
News Editor
2026-09-06 01:23:40
Trader loracle has added to his PONS short position, now holding 24.72 million tokens worth $23.28 million, with an unrealized loss of $7.118 million (-91.72%). PONS market cap briefly surpassed $700 million early today, hitting a new all-time high.

Arkham monitoring shows trader loracle (@loraclexyz, 0xefe4...194b) has pushed his short position in PONS up to about 24.72 million tokens, worth roughly $23.28 million, while sitting on an unrealized loss of about $7.118 million (-91.72%). And GMGN data says PONS market cap briefly moved past $700 million in the early hours of today, marking a fresh all-time high.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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