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NEAR Protocol Drops 3.1% in One Hour to $4.96 With $110,000 Liquidated

NEAR was up 4.79% over 24 hours at 6:27 a.m. ET on Sept. 25, while long liquidations slightly exceeded short liquidations.

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Metallic token resting beside a red market indicator light / TokenPost.ai
Metallic token resting beside a red market indicator light / TokenPost.ai

NEAR Protocol (NEAR) fell 3.08% in one hour to $4.96 at 6:27 a.m. ET (10:27 UTC) on Sept. 26, extending a sharp short-term decline despite a 4.79% gain over the previous 24 hours.

The price fell from $5.12 to $4.96 during the hour in Binance’s NEAR/USDT spot market. The figures reflect TokenPost’s direct collection and calculation of publicly displayed exchange prices.

Liquidations across Binance, Bybit and OKX totaled $110,000 over the same period. Long positions accounted for $60,000 of the liquidations, while short positions accounted for $50,000.

NEAR ranked 22nd by market capitalization at approximately $6.52394 billion. No confirmed cause for the one-hour decline was provided in the available market data.

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