Hyperliquid whale MK4 holds $16M unrealized profit on NEAR long
Hyperliquid (HYPE)
Editor:
Eugene Serbin
lookonchain.com reports that Hyperliquid address MK4 holds a NEAR long position worth approximately $29.7 million. The position was entered at roughly $2.35 with 10x leverage, generating an unrealized profit of $15.96 million. Arkham disclosed that this address has accumulated about $58 million in total profits on Hyperliquid over the past three years.
The firm suspects the account belongs to the X user @mk4_lul. In other market activity, the Solana-based meme coin e/acc surged past $17 million in market capitalization within four hours of launch. Its trading volume hit $25.3 million during that same short window.
Meanwhile, meme coin CATE crossed a $107 million market cap, rising 14.7% in 24 hours. The renamed Trump AI-themed coin Super Inu briefly surpassed $14 million in market cap with a 43% daily gain. Robinhood Chain’s meme coin BUN reached an all-time high market cap of over $80 million.
A trader also profited $448K by monitoring Binance's new listings last week. Additionally, a dormant $PEPE whale transferred 2.1T tokens worth $52 million to a new address after 600 days. Elon Musk’s tweet about Moltbook caused meme coin MOLT to surge 30% to a new all-time high of $114 million.
A smart AI coin trader made $17.6M trading $GOAT, $ai16z, $Fartcoin, and $arc. Another sniper earned 2,277 ETH worth $8.3M trading $SHIRO within 18 hours. Funds flowed into Bitcoin, Ethereum, and Hyperliquid last week.
The 30-year-old entrepreneur behind Virtual is highlighted as the creator of a multi-million dollar AI agent society. One trader lost $73.9K trading memecoins in just three minutes. The source also explains how $SPORE works through its on-chain records.
How the market reacted
Whalio's own Binance spot order flow for HYPE, measured when this story was written up on 26 September 2026. Not the outlet's figures.
HYPE is trading at $92.42 with a spot volume of $16,435,082 over the last 24 hours. The buy ratio stands at 63.1% for the last hour and 64.2% for the last four hours, indicating strong recent buying pressure. This contrasts with the 24-hour buy ratio of 49.9%, suggesting that buying intensity has increased significantly in the short term. Volume delta shows positive inflows of $70,482 in the last hour and $474,804 over four hours. However, the 24-hour volume delta is -$31,090, and cumulative volume delta closed at -$68,549. This indicates that while recent flow is net buying, the broader 24-hour trend has seen more selling pressure. Net buying occurred for 16 of the last 24 hours. The data shows a shift from a net outflow day to a period of concentrated buying.