Trader buys 5.14M NEAR with 10x leverage, unrealized profit hits $8.9M
- —Position of 5.14 million NEAR opened two weeks ago with 10x leverage
- —Position value estimated at $18.95 million
- —Unrealized profit stands at $8.9 million, with no profit-taking yet
Why it matters: The large leveraged long on NEAR reflects speculative demand for the asset after a 30% price rally and raises liquidation risk if the trend reverses.
Source: TokenPost