Loracle’s PONS short has returned to profit after previously showing more than $7 million in unrealized losses. TradingBeats data cited by BlockBeats on Sept. 10 valued the position at $17.78 million, with a floating gain of $660,000, an opening price of $0.67 and a current price of $0.64. Earlier Hyperbot data placed the gain at about $744,700, or 12.62%, with a position value of about $17.7094 million, an average entry price of $0.665005, a mark price of about $0.63026 and 3x leverage on approximately 27.5033 million PONS. Loracle’s main short positions had combined net unrealized losses of about $16.2 million, led by losses on HYPE and SNDK.