Trader mk4 holds largest NEAR long on Hyperliquid with $17.55M unrealized profit
- —Position: 5.838M NEAR at 10x leverage, worth about $31.28M
- —Accounts for 7.68% of NEAR open interest on Hyperliquid
- —Entry at $2.35 vs current $5.36, unrealized profit near $17.55M
- —NEAR is up 187% since early September; the position gained about 128%
Why it matters: A single trader's outsized position raises the risk of cascading liquidations in NEAR if the price reverses.
Source: PANews
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