🚀 Bear trap in NEAR: How top traders got stuck in losses of $13 million?
A global on-chain audit of derivative accounts on Hyperliquid revealed a unique margin anomaly. Most leading players opened short positions on the NEAR asset, but a bullish momentum takeover seized control, driving the bears into a critical drawdown.
• Anatomy.
The largest bearish order with a size of 4.30M $NEAR is held with 3x leverage from the average entry price of $2.3104. The position currently shows a massive unrealized loss of -$12.97 million.
• Domination.
The main long order, size 5.83M $NEAR , with a surgically precise entry at $1.3664, holds the lead in profitability, recording a net unrealized profit of +$17.35 million.
• Bottom line.
The accumulated losses of NEAR short-sellers create the effect of a compressed spring. Any further upward price move will trigger forced closure of margin positions, provoking a powerful cascading short squeeze.
$NEAR
Subscribe to the channel—here we break down the maneuvers of large capital without boring theory or market illusions! 🚀
#Hyperliquid #NEAR #WhaleAlert #ShortSqueeze #DerivativeAnalysis #Bybit #BinanceSquare
A global on-chain audit of derivative accounts on Hyperliquid revealed a unique margin anomaly. Most leading players opened short positions on the NEAR asset, but a bullish momentum takeover seized control, driving the bears into a critical drawdown.
• Anatomy.
The largest bearish order with a size of 4.30M $NEAR is held with 3x leverage from the average entry price of $2.3104. The position currently shows a massive unrealized loss of -$12.97 million.
• Domination.
The main long order, size 5.83M $NEAR , with a surgically precise entry at $1.3664, holds the lead in profitability, recording a net unrealized profit of +$17.35 million.
• Bottom line.
The accumulated losses of NEAR short-sellers create the effect of a compressed spring. Any further upward price move will trigger forced closure of margin positions, provoking a powerful cascading short squeeze.
$NEAR
Subscribe to the channel—here we break down the maneuvers of large capital without boring theory or market illusions! 🚀
#Hyperliquid #NEAR #WhaleAlert #ShortSqueeze #DerivativeAnalysis #Bybit #BinanceSquare
