Odaily reported that trader Mk4 has made $10 million by going long on NEAR. Two weeks ago, when NEAR was trading near a high, the position was showing about $20.88 million in unrealized profit. That figure has since fallen to $12.15 million. The trader still holds a NEAR long position valued at more than $25 million. Beyond that directional bet, Mk4 also has short positions across several major tokens. Those shorts, spread across BTC, ETH, SOL, XRP, BNB, ADA and AVAX, carry a combined value of $13.1 million. The update outlines both the scale of the trader’s remaining NEAR exposure and the size of the hedge or opposing bets held in other large-cap crypto assets.
Trader Mk4 has made $10 million from a long position in NEAR, according to Odaily.
Two weeks ago, when NEAR was at a high, the position was showing about $20.88 million in unrealized profit. That unrealized gain now stands at $12.15 million. Mk4’s NEAR long is still worth more than $25 million.
Outside the NEAR trade, Mk4 also holds short positions worth a combined $13.1 million across BTC, ETH, SOL, XRP, BNB, ADA and AVAX.
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