NEAR Rises 7.96% as Two Whales Place Large Hyperliquid Orders
NEAR was trading at about $5.333 on October 8, rising roughly 7.96% over the past 24 hours. According to BlockBeats On-chain Detection, two whales currently hold a combined NEAR long position of about $5.764 million on Hyperliquid, with unrealized gains of about $70,000, and both placed large orders today.Between $5.487 and $5.987, one long position holder placed 99 reduce-only sell orders this morning, totaling about $4.459 million and covering roughly 98% of the current position. The account holds about 791,600 NEAR long, with a value of about $4.222 million, an average entry price of $5.29984, and unrealized gains of about $27,000. Its first take-profit level is $5.4876, about 2.9% above the current price, suggesting the exit plan could begin triggering soon.In addition, between $5.108 and $5.18, another address added 15 buy orders this morning, with total order value of about $8.324 million, planning to add more long exposure after NEAR falls about 2.9% to 4.2% from the current price. The account currently holds about 289,100 NEAR long, valued at about $1.542 million, with an average entry price of $5.18547 and unrealized gains of about $43,000. Its pending buy size is about 5.6 times its current position.