PONS Largest Short Position Holder Loracle Increases Short Position, Current Value at $18.67M

Huo Xing Cai Jing reports that on September 8, according to TradingBeats monitoring, PONS’s largest on-chain short position, “Loracle,” continues to add to its short position, with current holdings rising to 26 million PONS. However, as the token price retraces, the current value of its short position has slightly decreased to $18.67 million, with an unrealized loss of $1.6 million. The position was opened at $0.66 and is now trading at $0.72; previously, its PONS short position had incurred unrealized losses exceeding $7 million. Oracle’s total unrealized losses across all major short positions now amount to approximately $21.38 million, with the main positions as follows: - Short position in HYPE valued at $38.3 million, opened at $53.97 and currently trading at $84.27, with an unrealized loss of $13.77 million. - Short position in SNDK valued at $26.63 million, opened at $1,475.37 and currently trading at $1,741.30, with an unrealized loss of $4.07 million. - Short position in NVDA valued at $19.6 million, opened at $225.70 and currently trading at $230.60, with an unrealized loss of $420,000. - Short position in MU valued at $10.73 million, opened at $870.69 and currently trading at $1,024.40, with an unrealized loss of $1.61 million.