Trader loracle adds 24.72M PONS short positions, unrealized losses reach $7.11M

iconKuCoinFlash
Share
This is the logo of the coin.
PONS
$0.6023-25.15%
AI summary iconSummary
Trader loracle (0xefe4...194b) added 24.72M PONS short positions, incurring $7.11M in unrealized losses (-91.72%). The position is valued at $23.28M. PONS' market cap briefly surpassed $700M, reaching a new all-time high. Today’s crypto prices show strong volatility in altcoins to watch.

Odaily Planet Daily reports, according to Arkham monitoring, trader loracle (@loraclexyz, 0xefe4...194b) continues to increase his PONS short position, currently holding approximately 24.72 million PONS shorts, with a position value of about $23.28 million and an unrealized loss of approximately $7.118 million (-91.72%).

According to GMGN data, PONS's market cap briefly surpassed $700 million earlier today, setting a new all-time high.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.