A trader identified as MK4 on the Hyperliquid derivatives platform holds an unrealized gain of about $15.96 million on a leveraged long position in NEAR, valued at roughly $29.7 million. The position was opened near $2.35 with 10x leverage, highlighting significant exposure on the platform. Over the past three years, MK4 has accumulated around $58 million in profits on Hyperliquid, showcasing the scale and success of their trading activity. This large unrealized gain underscores the potential risks and rewards of leveraged trading in cryptocurrency derivatives.
The Hyperliquid trader MK4's large NEAR position is notable context for cryptocurrency markets. For readers following crypto assets, here is Pluang's market snapshot as of Sep 25, 2026 19:31 WIB: 44 of 50 major cryptocurrencies rose today. Top movers include SAND at Rp809 with a 12.10% increase, XLM at Rp4.000 up 11.33%, and BAL at Rp16.297 gaining 11.14%.
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A Hyperliquid crypto address known as MK4 has a $29.7 million long position in NEAR cryptocurrency using 10x leverage. As of September 25, this position shows nearly $16 million in unrealized profit, having been opened at an entry price around $2.35....
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