Loracle, identified as Hyperliquid’s largest PONS short seller, closed a PONS position held for more than two weeks and realized $1.352 million in profit. It also exited a CASHCAT short, securing an additional $1.026 million from a trade executed 22 hours ago. Loracle immediately reestablished a PONS short of nearly 330,000 tokens and continued adding to it, according to on-chain monitoring. On-chain analyst Ai 姨 reported the activity, while mlmabc, described as captain of the second round of the Whale Hunting Squad, had previously recruited participants publicly.