NEAR: Hyperliquid Trader Nets $20M on Long
Trader @mk4_lul holds the largest NEAR long position on Hyperliquid with more than $20 million in floating profits after accumulating 5.76 million tokens at a $2.35 average price in September.
SourceAnalysis
@mk4_lul controls the biggest NEAR long on Hyperliquid, now showing over $20 million in unrealized gains. The position was opened in September at an average entry of $2.35 for 5.76 million tokens while NEAR has climbed more than 145 percent in the past month.
Price sits at $5.86 inside the Bollinger Bands with upper resistance at $6.04. The 50-EMA at $5.17 and 200-EMA at $4.18 continue to anchor the bullish structure. MACD registers a golden cross at 0.21 while RSI at 67.45 leaves room before overbought territory. With price pressing the upper band and momentum still constructive, a measured pullback toward the 50-EMA support at $5.17 offers the next logical entry zone before continuation higher.
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