NEAR Reaches 2026 High as mk4-Linked Address Posts $19.02M Net Gain

NEAR perpetual futures reached a new 2026 high of $5.959 on Hyperliquid on Oct. 12, 2026, as an address associated with trader mk4 held a large unrealized gain on its long position.

The contract was trading near $5.862, up 10.66% over 24 hours. The address held about 5.7565 million NEAR in a long position valued at roughly $33.74 million, with an average entry price of $2.353 and an estimated return of about 1,491%.

NEAR was the only long position in the address’s main futures account. The account also held short positions in seven crypto assets, including Bitcoin (BTC), Ether (ETH) and Solana (SOL), with a combined value of about $14.53 million and estimated unrealized losses of roughly $1.18 million.

After accounting for both sides of the portfolio, the address’s total futures positions showed estimated net unrealized profit of about $19.02 million. The positions had not been reduced, and no publicly posted orders were listed at the time of the update.

The move follows an earlier NEAR gain reported for the MK4 address.