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Shorting XRP, Bitcoin, Ether, SOL Has This NEAR Trader up $20 Million

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: A Hyperliquid trader who went long 5.76 million NEAR at $2.35 in September is now sitting on roughly $20.55 million in unrealized profit, and the same account is short seven of the market’s biggest coins. The Position, Line by Line The trade was first flagged by onchain analysts, who noted that the trader’s NEAR long […] Crypto Insight Analysis: Direction: Bullish NEAR / Bearish XRP / Bearish BTC / Bearish ETH / Bearish SOL Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large NEAR position and shorts on major coins may influence sentiment but unlikely to shift market direction.

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Shorting XRP, Bitcoin, Ether, SOL Has This NEAR Trader up $20 Million — Crypto Insight