Arkham says Hyperliquid wallet MK4 holds a $29.7 million NEAR long

Arkham says Hyperliquid wallet MK4 holds a $29.7 million NEAR long

N
News Editor
2026-09-25 13:15:03
Arkham said a Hyperliquid address labeled "MK4" is currently holding a NEAR long position worth about $29.7 million. The position was opened at roughly $2.35 with 10x leverage and is showing an unrealized profit of about $15.96 million, based on Arkham’s disclosure. The analytics platform also said the address has generated about $58 million in cumulative profit on Hyperliquid over the past three years. Arkham added that the wallet is suspected to be linked to the X account @mk4_lul. The disclosure focuses on one trader’s current exposure and longer-term trading record on Hyperliquid, without providing further identification details beyond the suspected social account connection.

According to ChainCatcher, Arkham said a Hyperliquid address labeled "MK4" is currently holding a NEAR long position worth about $29.7 million.

Arkham said the position was opened at about $2.35, uses 10x leverage, and is currently sitting on an unrealized profit of about $15.96 million.

The platform also said the address has posted about $58 million in cumulative profit on Hyperliquid over the past three years. Arkham added that the wallet is suspected to belong to the X account @mk4_lul.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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