Crypto trader known as "Mk4" is currently up $10 million on a long position exceeding $25 million in NEAR Protocol (NEAR). At NEAR's recent high two weeks ago, the position had peaked at approximately $20.88 million in unrealized gains and now stands at $12.15 million.
In addition to the large NEAR long, Mk4 maintains $13.1 million in short positions spread across seven major assets: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, BNB Chain (BNB), Cardano (ADA), and Avalanche (AVAX). The combined positioning reflects a bullish outlook on NEAR while hedging against broader market exposure through shorts on leading cryptocurrencies.
Trader "Mk4" Holds $25M+ NEAR Long, Down From Peak Gains of $20.88M
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