Whale holds largest PONS short on Hyperliquid with about $1.01 million in unrealized profit

Whale holds largest PONS short on Hyperliquid with about $1.01 million in unrealized profit

N
News Editor
2026-09-28 05:20:39
A wallet starting with 0x936c continues to hold a large short position in PONS perpetuals on Hyperliquid, according to monitoring data cited by BlockBeats from TradingBeats on Sept. 28. The address is still holding roughly 11.7 million PONS in short contracts, with an average entry price of about $0.63. The position is currently valued at around $6.33 million. Based on the same monitoring data, the wallet is sitting on an unrealized profit of about $1.01 million. TradingBeats said the address is now the largest short holder in PONS. The report did not disclose further identity details for the wallet beyond its 0x936c prefix.

BlockBeats reported on Sept. 28, citing TradingBeats monitoring data, that an address beginning with 0x936c still holds a short position of roughly 11.7 million PONS contracts on Hyperliquid, with an average entry price of about $0.63.

The position is currently worth about $6.33 million and shows an unrealized profit of about $1.01 million. TradingBeats said the address is currently the largest short in PONS.

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