Trader 0x30af opens 10x NEAR long worth $18.95 million, holds $8.9 million unrealized profit

  • Trader 0x30af opened a 10x leveraged long position in 5.14 million NEAR.
  • $18.95 million was the initial notional value, with $8.9 million in unrealized profit.
  • Lookonchain reported the position was opened two weeks ago and remains open.

Trader 0x30af opened a 10x leveraged long position in 5.14 million NEAR two weeks ago, with an initial notional value of $18.95 million. The position carries $8.9 million in unrealized profit, meaning the gain has not been locked in through closing or selling. The trade’s rapid move into profit reflects recent appreciation in NEAR and illustrates the heightened risks and potential rewards of leveraged crypto trading.

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