Shorting XRP, Bitcoin, Ether, SOL Has This NEAR Trader up $20 Million

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Bitcoin.com
Shorting XRP, Bitcoin, Ether, SOL Has This NEAR Trader up $20 MillionWorldPing
Image via Bitcoin.com.

What happened

A Hyperliquid trader who went long 5.76 million NEAR at $2.35 in September is now sitting on roughly $20.55 million in unrealized profit, and the same account is short seven of the market’s biggest coins.

Key facts

  • A Hyperliquid trader who went long 5.76 million NEAR at $2.35 in September is now sitting on roughly $20.55 million in unrealized profit, and the same account is short seven of the market’s biggest coins.
  • Reported by Bitcoin.com and published Mon, 12 Oct 2026 10:30:57 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Trader nets $1.28 million on new 1,000x exchange Papertrade by moving Hyperliquid’s ETH prices

  2. Bitcoin pulls back from $84,000 as oil recovers, ETFs bleed over $600 million

  3. SWI raises $894 million to repurpose former FTX bitcoin miner Genesis Digital to AI

  4. Shorting XRP, Bitcoin, Ether, SOL Has This NEAR Trader up $20 Million

  5. BTC price support holds ahead of US CPI data: Three things Bitcoin traders need to know this week

  6. Bitcoin holds $83,000 as dollar strength keeps markets on edge

  7. Bitcoin Ranges Near $83K as Traders Look to US Inflation Data

Sources

The original report was published by Bitcoin.com. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Bitcoin.com

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