An address bought PONS near the price floor a month ago and then sold at a loss, missing out on a $3 million profit.

BlockBeats News, September 1st, according to LookIntoChain monitoring, an address spent 181 ETH a month ago (approximately $443,000) to buy 7.99 million PONS. After the price dropped, they sold all 7.99 million PONS, exchanged them for 135,000 USDG, and suffered a net loss of $308,000.

Currently, the 7.99 million PONS is worth $3.46 million. If the address had not sold, they would have earned over $3 million in profit.