Suspected Gen Z trader 0xRay518 continues to add to PONS and SNDK short positions, trims Bitcoin short this morning to lock in profits.

BlockBeats news, September 14 — According to monitoring by TradingBeats (formerly Hyperinsight), a well-known trader born after 2000, address 0xRay518, allegedly added to PONS and SNDK short positions this weekend. As of press time, he holds a $13.46 million SNDK 10x short position and a $3.62 million PONS 3x short position. This address is also currently the second-largest short position holder on Hyperliquid.

In addition, 0xRay518 reduced a short position by 49.12 BTC this morning and currently still holds an $81.52 million Bitcoin 20x short position.

Public information shows that 0xRay518 began his investing career at age 14 (2020), using $3,000 in Lunar New Year money to trade shipping stocks, at one point earning about $300,000, before nearly going to zero due to high leverage. From 2021 to 2022, he shifted to NFTs and airdrops, earning his first real fortune through the Arbitrum airdrop. In 2025, he abandoned the college entrance exam midway during his senior year of high school and went all-in on the roadside with $1 million to buy TRUMP coin, exiting at a 3-4x profit.