Two NEAR short positions incur over $10 million in unrealized losses

Huoxing Finance reports that, as of midday on September 27, according to TradingBeats monitoring, two whale addresses collectively hold short positions in NEAR with an unrealized loss of approximately $25.89 million. The address beginning with 0xfe7c holds approximately 4.3209 million NEAR short positions, with an average entry price of about $2.55352, resulting in an unrealized loss of approximately $12.44 million. Since the afternoon of September 26, this address has cumulatively reduced its NEAR short position by approximately 771,700 NEAR, realizing a loss of about $1.7664 million on these closures. The other address beginning with 0xdd53 holds approximately 4.3141 million NEAR short positions, with an average entry price of about $2.31039, resulting in an unrealized loss of approximately $13.45 million. Since September 24, this address has cumulatively reduced its NEAR short position by only about 5,293 NEAR, retaining the majority of its position. Additionally, today this address closed a portion of its ZEC short positions, realizing a loss of approximately $238,100, while the remaining ZEC short positions currently carry an unrealized loss of approximately $9.229 million.