Whale Loracle added to its 3x leveraged PONS short position over two consecutive days, and it has now turned from a loss into profit.

According to TechFlow, on September 24, on-chain data monitoring shows that whale Loracle has added to its PONS short positions for two consecutive days. Its 3x leveraged PONS short position holds 984,765 PONS tokens and has recently shifted from a loss to a profit, currently reflecting an unrealized gain of approximately $57,000.

Additionally, Loracle holds short positions in altcoins such as ENA, NEAR, and CASHCAT, along with US stocks including SanDisk, NVIDIA, and Micron. The aggregate short position portfolio is valued at roughly $79.29 million. Meanwhile, Loracle’s 20x leveraged gold long position is worth around $41 million, with an unrealized loss of nearly $1 million.