Loracle, the largest PONS short seller on Hyperliquid, closed a position held for over two weeks to realize $1.352 million in profit. The trader also exited a CASHCAT short position, securing an additional $1.026 million in gains from the trade executed 22 hours ago. Following the profit-taking, Loracle immediately reestablished a PONS short position of nearly 330,000 tokens and continues to add to the position. On-chain monitoring indicates active management of the renewed bearish stance on the asset.