Markets· ★★· bullish·

Trader MK4 sits on $15.5M unrealized profit in NEAR long after ETF debut

  • —MK4's position is about 5.84 million NEAR, worth $29.21 million
  • —Unrealized profit on the NEAR long is roughly $15.5 million
  • —Total unrealized gains for the trader stand at $13.55 million
  • —MK4's all-time cumulative profit is about $56.54 million
Why it matters: The large gain on the NEAR long shows how the spot ETF launch immediately moved trader positioning.
Source: PANews