Whale Opens 10x Leveraged Long on NEAR Worth $6.45M

A major crypto trader using wallet 0x7be1 has taken a bullish position on NEAR Protocol, opening a 10x-leveraged long over the past 10 hours.

The position currently holds 2.34 million NEAR tokens, worth roughly $6.45 million.

Building on this exposure, the trader has also placed limit orders to add another 813,000 NEAR, valued at about $2 million, if the price drops to $2.46.

Meanwhile, the token has seen strong momentum, rising more than 15% over the past 24 hours and trading at $2.76 at the time of reporting.

Source: Lookonchain