A Lookonchain feed updated within the last 24 hours states that Loracle’s current PONS short positions are valued at $17.78 million with an unrealized profit of $660,000, after earlier recording an unrealized loss exceeding $7 million on PONS.

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“According to TradingBeats monitoring, Loracle, the largest short seller on the PONS chain, has turned profitable. Its current PONS short positions are valued at $17.78 million, with an unrealized profit of $660,000. The entry price is $0.67, while the current price is $0.64; earlier, its PONS short positions once posted an unrealized loss exceeding $7 million.”