To be objective, over the past few days I’ve been watching several large on-chain addresses. Today I spotted another trade: 0x590f…be1d closed a short position worth $550,000 in $NEAR (Hyperliquid, at a price of 4.6245).
After tracking them for a while, I’ve found that a single trade doesn’t mean much; several moves in the same direction are more informative. I’ll keep watching to see what this address does next.
Feel free to share any details you’ve noticed.

It’s your money, so you decide.