NEAR Short Positions on Hyperliquid Reach Record Volumes
Analysis of trader positions on the derivative platform Hyperliquid shows a predominance of bearish sentiment among large players trading the NEAR Protocol token.
Most top NEAR traders on the Hyperliquid platform are currently holding SHORT positions. This indicates dominance by speculators expecting a short-term decline in the asset's price.
Statistics on unrealized PnL demonstrate significant capital volumes at risk. The largest short position has an unrealized loss of nearly -$13 million.
By comparison, the largest long position recorded an unrealized profit of +$17.35 million. Such divergence points to high volatility and liquidation risk for parties with losing positions.
Data from the CoinGlass aggregator allows tracking open interest dynamics:
- Positions of the largest shorts show losses of around $13 million
- Largest longs record profits exceeding $17 million
- Overall trend among top traders is directed towards shorts











