NEAR hits yearly high of $5.959 on Hyperliquid as trader mk4 sits on $20.2M profit
- —NEAR reached $5.959 on Hyperliquid, setting a new yearly high
- —The token gained 10.66% in 24 hours, trading at $5.862
- —Trader mk4 holds 575,650 NEAR worth $33.74M at a $2.353 average entry
- —mk4's unrealized profit is about $20.2M, a 1,491% return
Why it matters: The record move in NEAR alongside a large unrealized profit for one trader signals strong demand and raises the risk of sharp liquidations if the trend reverses.
Source: TokenPost