NEAR hits a new high for the year, with one trader sitting pretty at an average price of 2.35
NEAR perpetuals peaked at 5.959 and are now trading at 5.86, up 10.66% in 24 hours. Trader mk4 is holding a 5.75 million-token long position at an average price of 2.353, with $20.2 million in unrealized profits—a 1,491% return.
He also holds short positions in seven other coins, including BTC and ETH, with $1.18 million in unrealized losses. After offsetting the longs and shorts, his net profit is $19.02 million. He hasn’t changed his positions. I wouldn’t chase above 5.9; I’d wait for a pullback to around 5.5 before considering an entry.
Would you dare place limit orders here to buy the dip, or do you think it’ll first pull back to 5.3?
$NEAR $BTC $ETH
#NEAR
NEAR perpetuals peaked at 5.959 and are now trading at 5.86, up 10.66% in 24 hours. Trader mk4 is holding a 5.75 million-token long position at an average price of 2.353, with $20.2 million in unrealized profits—a 1,491% return.
He also holds short positions in seven other coins, including BTC and ETH, with $1.18 million in unrealized losses. After offsetting the longs and shorts, his net profit is $19.02 million. He hasn’t changed his positions. I wouldn’t chase above 5.9; I’d wait for a pullback to around 5.5 before considering an entry.
Would you dare place limit orders here to buy the dip, or do you think it’ll first pull back to 5.3?
$NEAR $BTC $ETH
#NEAR