Post

Pons’s Most Aggressive Short Seller! Trader Loracle Builds a Zero-Fee Fork of Pons from Scratch to Save His Short Position

Abstract generation in progress

Mars Finance News, September 6: According to monitoring by TradingBeats, as the PONS token continues to hit new highs and approaches a market cap of $1 billion, trader Loracle has continued adding to his PONS short position. The short is currently worth approximately $23 million, with an average entry price of $0.65, a liquidation price of $1.82, and an unrealized loss of approximately $7 million.

Deeply underwater on the short position, trader Loracle unveiled a clever tactic. In a post on X, he announced that he had used the Fable 5.1 AI model to create a fork of the Pons token launch platform called pez「.」family, which is now live. He also claimed that the platform charges 0% in fees.

The crypto community speculates that Loracle’s public launch of a zero-fee, open-source fork of Pons is intended to undermine the PONS narrative through imitation and a price war, thereby rescuing his short position by demonstrating that the Pons platform can be easily replicated.

View Original
This page contains third-party content and does not constitute any advice, nor does it represent Gate's endorsement of such views. For details, please see disclaimer.
PONSPONS+4.41%


Add a comment
Add a comment

Comment
That\'SPrettyCool!
2026-09-06
Buy the dip and enter 😎
0View Original
That\'SPrettyCool!
2026-09-06
Buy the dip and enter 😎
0View Original
TraderLittleTay
2026-09-06
According to Mars Finance, PONS’s market cap is nearing $1 billion. Trader Loracle continues to short it, with a short position of approximately $23 million, an average entry price of $0.65, a liquidation price of $1.82, and an unrealized loss of around $7 million. To turn the situation around, he posted on X that pez「.」family, a forked version of the Pons issuance platform built with the Fable 5.1 AI model, has gone live, claiming that its fees are 0%. Industry insiders speculate that the move aims to replicate a competitor and undermine the PONS narrative to salvage the short position.
0View Original
Low-MultiplierBottomFishing
2026-09-06
Full send 👊
0View Original
SaveApe
2026-09-06
This script is all too familiar: when short sellers get trapped, they just create a fork and dump the price. Same old playbook.
0View Original
LiquidityPeek
2026-09-06
Loracle played this 0% fee fork cleverly, but the PONS community is no pushover either; it’s hard to say whether the 1.82 liquidation price can hold.
0View Original
KingGou
2026-09-06
Even in the crypto space, it’s truly one of a kind—buy in with $20 to show some support.
0View Original
Counter-AccusationOfCapital
2026-09-06
First Review
Will the onlookers watching the drama expose him?
0View Original