Two Whale Wallets Sitting on More Than $25.89 Million in Unrealized Losses on NEAR Shorts
Two whale wallets tracked by TradingBeats were showing combined unrealized losses of about $25.8914 million on NEAR short positions as of midday on Sept. 27, according to BlockBeats. One wallet beginning with 0xfe7c held roughly 4.3209 million NEAR in short exposure at an average entry price of about $2.55352, leaving the position down around $12.4419 million. Since the afternoon of Sept. 26, that address has reduced its NEAR short by about 771,700 tokens, taking a realized loss of roughly $1.7664 million on the closed portion. The second wallet, beginning with 0xdd53, held about 4.3141 million NEAR in short positions at an average entry of around $2.31039 and was down about $13.4495 million. Since Sept. 24, that address has cut only about 5,293 NEAR from the position and still retains most of the short. TradingBeats data also showed that the same wallet closed part of a ZEC short today for a realized loss of about $238,100, while the remaining ZEC short was carrying an unrealized loss of about $9.229 million.
