Crypto News reports that a certain address increased its NEAR short position on the HyperLiquid platform by 253,720.20 coins, worth approximately $453,069.78. The address’s position size is $2,278,620.73. Its average entry price has been adjusted from $1.42 to $1.43. Its current profit and loss is -$102,432.89 (-44.95%). The current coin price is $1.50, and the liquidation price is $7.69. The address is shorting more than 20 different tokens, with a total position value of roughly $20 million. It serves as a counterparty to “going long on a basket of altcoins,” and the tokens are similar.

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