Whale MK4 Holds $15.47 Million in Unrealized NEAR Gains
The wallet holds 5.84 million NEAR in a position valued at $29.21 million, with an entry price of $2.35 and 10x leverage.
A large crypto wallet identified as MK4 holds 5.84 million NEAR in a long position with $15.47 million in unrealized gains, making the trade one of the largest tracked bets on the token.
The position is valued at $29.21 million and has an average entry price of $2.35. It uses 10x leverage, meaning the position size is substantially larger than the capital posted to open it.
MK4's unrealized gain was listed at $15.96 million on Sept. 25, before declining to the current level as NEAR retreated from a recent advance. The position remains open, and the wallet has not reduced its holdings.
The trade highlights the scale of leveraged NEAR positioning among large crypto wallets. Its current gain remains above $15 million, although the decline from last week's level shows how quickly returns on leveraged positions can change.
