A Hyperliquid trader who bought 5.76 million NEAR tokens at $2.35 in September now holds an unrealized profit of about $20.55 million as NEAR price surged to $5.82, driven by the launch of a Bitwise spot ETF and network growth. The trader also maintains $14.7 million in short positions on seven major cryptocurrencies, currently down about $1.33 million. Despite the shorts' losses, the NEAR position's 10x leverage and favorable market catalysts have generated a return on margin exceeding 1,500%. The trade could face risk if NEAR falls 77% to its liquidation price near $1.33, but ETF inflows and reduced token inflation support the rally.
NEAR Protocol trades at Rp102.773 on Pluang, up 9.95% as of Oct 12, 2026 17:41 WIB. Bitcoin is priced at Rp1.491.915.048, rising 0.66%, while Solana gained 1.86% to Rp1.992.511. XRP also increased 0.92% to Rp25.067, showing steady interest in these assets alongside the NEAR rally.
Altcoins are outperforming major cryptocurrencies with the CoinDesk 80 index rising about 3% in 24 hours, while Bitcoin trades below $83,500 and Ether gains around 2.5%. Despite a recovery in Bitcoin and Ether liquidity since last year's flash crash,...
NEAR Protocol's token price surged 11.52% within 24 hours to reach $5.82, touching its upper Bollinger Band, signaling strong short-term momentum. Trading ranged between $5.21 and $6.00, with technical indicators like the stochastic oscillator showin...
NEAR's price surged 12.6% in the last 24 hours to about $5.93, pushing its weekly gain to 21.4%, with strong trading volume near $1.18 billion. The token is close to breaking the key resistance at $6.14, but short-term technical indicators like the b...
NEAR and Filecoin (FIL) cryptocurrencies posted significant double-digit gains recently, highlighting strong performance in select tokens. Meanwhile, Bitcoin (BTC) faced resistance and was unable to break past the $84,000 level, indicating a potentia...
NEAR Protocol surged 12.58% to about $5.85 on October 12, approaching the key $6 resistance level amid a 19.16% rise in futures open interest to $1.95 billion and increased trading activity. Analysts highlight that a weekly close above $5.97 is cruci...
