Trader Loracle's short position of 27.75 million $PONS tokens has turned profitable after previously experiencing unrealized losses exceeding $11 million.
According to on-chain analyst Onchain Lens (@OnchainLens), the 27.75 million $PONS short position held by prominent on-chain trader Loracle, which previously reached an unrealized loss exceeding $11 million, has now successfully turned positive, with an unrealized profit of approximately $86,800.
However, its XYZ series positions remain at a loss:
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$SNDK: Unrealized loss of $4.28 million
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$MU: Unrealized loss of $1.59 million
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Total unrealized loss: Approximately $3.8 million
