PANews, October 12: According to on-chain analyst Yujin, as NEAR rose 145% over the past month, trader mk4’s largest NEAR long position on Hyperliquid has now generated an unrealized profit exceeding $20 million. The trader opened a long position averaging $2.35 per NEAR, purchasing 5.76 million NEAR in September; the current price of NEAR is $5.85.
Trader MK4's long position in NEAR generates over $20 million in profit.
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Summary
Trader mk4’s position trading strategy on Hyperliquid generated over $20 million in unrealized profit from a long NEAR position. The trader purchased 5.76 million NEAR at $2.35 in September, and the price rose to $5.85, achieving a 145% gain in one month. Optimal position sizing was critical in maximizing returns as the token surged.
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