It is all around her areolae (not just at the bottom of her right one). Some girls are so puffy that the whole areola becomes lifted, forming a plateau that has a sudden, sexy rounded edge. Like in her case. The areola shape can resembles the profile of a jam jar lid (screw 'em up with your mouth .
A gorgeous pair of tits, but we have different ideas of what's "puffy". There's a HINT of puffiness at the bottom of her right areola. However we label them, they're damn nice. Check out my avatar photo of a full-on puffy nipple (at least for my definition!).
Sorry folks, this gal DOESN'T have puffy nipples. Nice perky, bouncy tits, yes. Puffies are areolas that are raised/puffy around the nipples on the breast. These aren't. Sure are nice though.