📰 Hyperliquid once again staged a “whale-hunting operation.”
Trader Loracle started shorting PONS on September 3, using a 3x short position. They currently hold 25.04 million PONS. Based on the entry average price of $0.6553, the position is about $19.41 million—roughly 19% of Hyperliquid’s total PONS open positions.
🔥 The key point is that this short position is still being increased, but the unrealized loss is already approaching $3 million. Even more unexpected: Loracle even created their own forked “Pons zero-fee” version, trying to “self-rescue” this position.
💡 On September 6, overseas analyst @mlmabc directly posted to publicly solicit funds, preparing to jointly target this short seller, and stated that funding commitments in the eight-figure range are already in place. To be honest, this no longer feels like a normal long-versus-short dispute—it’s more like putting a massive position on the table and waiting for the market to watch.
⚠️ Loracle’s short liquidation price is $1.83, meaning PONS would need to rise 128% to trigger liquidation. Previously, Hyperliquid also saw a similar hunt targeting Bitcoin shorts with 50x leverage—ultimately, the outcome often turns out to be more thrilling than simply betting on bullish versus bearish moves.
🤔 This time, do you think Loracle can hold, or will the public hunt push this short position straight toward liquidation?
#PONS #Hyperliquid #链上数据 #加密市场
Trader Loracle started shorting PONS on September 3, using a 3x short position. They currently hold 25.04 million PONS. Based on the entry average price of $0.6553, the position is about $19.41 million—roughly 19% of Hyperliquid’s total PONS open positions.
🔥 The key point is that this short position is still being increased, but the unrealized loss is already approaching $3 million. Even more unexpected: Loracle even created their own forked “Pons zero-fee” version, trying to “self-rescue” this position.
💡 On September 6, overseas analyst @mlmabc directly posted to publicly solicit funds, preparing to jointly target this short seller, and stated that funding commitments in the eight-figure range are already in place. To be honest, this no longer feels like a normal long-versus-short dispute—it’s more like putting a massive position on the table and waiting for the market to watch.
⚠️ Loracle’s short liquidation price is $1.83, meaning PONS would need to rise 128% to trigger liquidation. Previously, Hyperliquid also saw a similar hunt targeting Bitcoin shorts with 50x leverage—ultimately, the outcome often turns out to be more thrilling than simply betting on bullish versus bearish moves.
🤔 This time, do you think Loracle can hold, or will the public hunt push this short position straight toward liquidation?
#PONS #Hyperliquid #链上数据 #加密市场
