Trader Lorale's PONS short position turned losses into profits, with a floating profit of 2.18 million US dollars

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Trader Lorale's short position in PONS held by Hyperliquid has turned losses into profits, with a current floating profit of approximately $2.18 million. The position was opened at an average price of $0.44 9 days ago and continued to increase during the period when PONS rose to $0.97. It had a floating loss of over $8 million and currently holds a value of $16.3 million, accounting for 17.5% of the total open contracts on PONS.

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