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NEAR Whales Post $12.78 Million in Orders Around 24-Hour Gain

One account placed $4.46 million in reduce-only sell orders, while another newly placed $8.324 million in buy orders below the current price.

Metallic cryptocurrency tokens beside transparent market markers / TokenPost.ai
Metallic cryptocurrency tokens beside transparent market markers / TokenPost.ai

Two Hyperliquid accounts held approximately $5.764 million in combined NEAR long positions as the token traded around $5.333, up about 7.96% over 24 hours.

One account held about 791,600 NEAR and posted 99 reduce-only sell orders between $5.487 and $5.987. The orders totaled about $4.46 million and covered roughly 98% of the account’s current position.

The first sell level, $5.4876, was about 2.9% above the current price. The position had an average entry price of $5.29984 and an unrealized gain of about $27,000.

The second account placed 15 buy orders between $5.108 and $5.18, totaling approximately $8.324 million. The orders were set about 2.9% to 4.2% below the current price.

That account held about 289,100 NEAR worth approximately $1.54 million. Its average entry price was $5.18547, with an unrealized gain of about $43,000. The pending buy quantity was about 5.6 times its existing position, and the account planned to continue adding to its long position after a 2.9% to 4.2% decline.

Combined, the posted orders totaled approximately $12.783 million.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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