NEAR creates two single-coin 'multimillionaires,' fully capturing the doubling rally.
BlockBeats news, September 24, according to TradingBeats monitoring, NEAR is currently trading at around $4.27, having risen from about $2.36 over the past week to the current level, with a cumulative gain of about 80.6%, outperforming BTC by about 70.6 percentage points during the same period.
This rally has already allowed two whales on Hyperliquid who heavily positioned in NEAR in advance to gain over $10 million in unrealized profit from a single long position alone. The two currently collectively hold about 10.982 million NEAR, with a position value of about $46.96 million and a combined unrealized profit of about $23.204 million.
Both positions were established before NEAR's accelerated rise on September 16, capturing this main upward wave. Among them:
The address starting with 0x30af holds a long position of about 5.1432 million NEAR, with a position value of about $21.99 million, an average price of about $1.9473, and an unrealized profit of about $11.977 million (+1199%).
This position was established around August 26, when NEAR was still below $2, and the final add-on was completed by September 4, and it has been held since. In addition, this address also holds a long position of about 1.4871 million INJ, with an unrealized profit of about $3.294 million.
Well-known OG whale mk4 (0x773) holds a long position of about 5.8389 million NEAR, with a position value of about $24.97 million, an average price of about $2.353, and an unrealized profit of about $11.227 million (823%), opened on September 6.
In addition, this address also holds short positions in BTC and six other coins or uses them for hedging, worth about $14.741 million. After the unrealized profit from the NEAR long position covers the above unrealized losses, the account has an unrealized profit of about $9.839 million.
Previous news: NEAR's rise "creates wealth" for multiple traders, well-known OG whale's advance positioning again rakes in $6.3 million
