NEAR whale trims futures long while buying $3.8M in spot
- —Wallet holds about 738,700 NEAR in spot, worth $3.8M
- —Futures long cut to $2.29M with $301,800 in unrealized profit
- —TWAP plan for 400,000 NEAR is 53% done, 188,000 left
- —Combined NEAR exposure is roughly 1.18 million tokens
Why it matters: Shifting from futures to spot cuts liquidation risk and market pressure, but the whale's overall NEAR exposure is unchanged.
Source: TokenPost