NEAR Whale Expands Largest Hyperliquid Long to $17.4M Profit
Hyperliquid (HYPE)
Editor:
Eugene Serbin
lookonchain.com reports that the largest long position for NEAR on Hyperliquid has grown, with unrealized profits reaching $17.42 million. An address labeled "mk4" currently holds approximately $31.16 million in NEAR long positions, making it the top NEAR long holder on the platform. This specific position contributes to a total current position size of about $46.47 million for the address.
The overall unrealized profit for the address stands at roughly $15.47 million. Beyond NEAR, the address holds positions in eight other assets, including SOL, ADA, and XRP. The address has achieved a cumulative historical profit of approximately $59.93 million.
This expansion occurs as NEAR extends its recent rally. The data highlights the significant scale of this single entity's exposure to the asset.
How the market reacted
Whalio's own Binance spot order flow for HYPE, measured when this story was written up on 27 September 2026. Not the outlet's figures.
HYPE is trading at $92.58 with a spot volume of $10,089,306 over the last 24 hours. Short-term buying pressure is intense, with a 68.0% buy ratio in the last hour, but this fades to 29.6% over four hours and 48.4% over 24 hours. The one-hour volume delta is positive at $129,680, contrasting with negative deltas of -$2,462,099 over four hours and -$326,292 over 24 hours. This indicates that while immediate buying is strong, the broader 24-hour trend shows net selling. The cumulative volume delta (CVD) for the 24-hour close is -$2,757,315, confirming that sellers have dominated the day despite the recent hourly surge. Net buying hours account for only 10 of the last 24 hours, suggesting the current bullish momentum is not yet sustained across the full day.