Arkham said on Sept. 25 that the Hyperliquid address "MK4" is holding a NEAR long position worth about $29.7 million. The position was opened at roughly $2.35 and uses 10x leverage, with unrealized profit standing at about $15.96 million at the time of disclosure. Arkham also said the address has generated about $58 million in cumulative profit on Hyperliquid over the past three years. According to the same disclosure, the wallet is suspected to be linked to the X account @mk4_lul. The update was cited by BlockBeats as a market-moving whale activity item.
BlockBeats reported on Sept. 25 that Arkham had disclosed details of a large NEAR long held by the Hyperliquid address "MK4." According to Arkham, the position is currently worth about $29.7 million, with an entry price of roughly $2.35 and 10x leverage. Unrealized profit was about $15.96 million at the time of the post.
Arkham also said the address has posted about $58 million in cumulative profit on Hyperliquid over the past three years. The firm added that the address is suspected to be tied to the X account @mk4_lul.
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