A giant whale shorted PONS and made a profit of about US$2.12 million.

According to BlockBeats news, on October 3, according to TradingBeats monitoring, the Hyperliquid whale address 0x936c currently holds approximately 14.85 million PONS short orders, with a position value of approximately US$6.26 million, a position of 2 times, a cumulative floating profit of approximately US$2.12 million, and a position return rate of approximately 50.6%.

Today, approximately 1.09 million PONS short orders were added to this address. The price of the PONS perpetual contract mark on Hyperliquid is temporarily quoted at about $0.42, down about 21.3% in 24 hours.