Markets· ★★· bullish·

Two NEAR short addresses post $25.89M unrealized loss as price climbs

  • —Address 0xfe7c shorts 4.33M NEAR at an average $2.5535, unrealized loss $12.44M
  • —Address 0xdd53 shorts 4.31M NEAR at an average $2.3104, unrealized loss $13.45M
  • —0xfe7c cut 771,700 NEAR from its short, realizing a $1.77M loss
  • —0xdd53 also closed part of a ZEC short, realizing a $238,100 loss
Why it matters: Heavy NEAR shorts are underwater; forced unwinding could add fuel to the price rally.
Source: TokenPost