PONS Price Drops 4% After Whale's $3.67M Token Sale

A large investor, known as a whale in crypto terminology, sold 5.338 million PONS tokens for $3.67 million on September 23, 2026. This sale resulted in a price drop of 4% to $0.6688 per token.

The whale's average sale price was $0.6779, which is lower than their original cost basis of $0.7154. As a result, they booked a loss of $200,000 from the sale.

Despite this setback, PONS' price remains within its Bollinger Bands, with an upper resistance level at $0.71. The 50- and 200-day exponential moving averages (EMAs) continue to support the bullish structure, while the MACD indicator shows a golden cross at 0.02.