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Trader’s NEAR Long Exit Locks In About $4.43 Million Gain

The trader also opened shorts in Aave (AAVE), BNB and MEGA, with the AAVE position valued at about $1.47 million.

Updated 1 min read
A token tile is removed from a ledger grid in an editorial illustration of a crypto position exit. / EconoTimes.ai
A token tile is removed from a ledger grid in an editorial illustration of a crypto position exit. / EconoTimes.ai

A trader reduced a NEAR long by roughly 2.49 million tokens over six hours, realizing about $4.43 million in gains and fully exiting the position by Nov. 2.

The position was valued at about $10.28 million. Its reported average exit price was $4.13 per token, compared with an entry average of about $2.35.

Short positions were also opened in Aave (AAVE), BNB and MEGA. AAVE led the reported values at about $1.47 million and had an average price of $131.92. The BNB short stood at $326,800, averaging $706.94; MEGA was about $190,500, with a $0.0413 average.

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