Loracle: Loses $10.6M on PONS Positions

Loracle opened fresh positions over the past two days and now holds -$10.60M in unrealized PnL, with the largest hit on PONS at -$4.20M.

Price action on the 4h chart shows PONS trading at $0.81 inside the Bollinger Bands, pressing the upper resistance at $0.99 while the EMA50 at $0.6 and EMA200 at $0.27 continue to anchor the bullish structure; RSI at 58.09 stays neutral and MACD prints a death cross at 0.09, suggesting a probable retracement toward the 50-EMA support before any extension higher. PONS price prediction models now factor this leveraged unwind alongside broader Bitcoin flows and RaveDAO liquidity shifts.