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NEAR Protocol Jumps 4.75% in One Hour to Reach $5.34

NEAR rose 8.76% over 24 hours as short liquidations reached $1.33 million across major exchanges during the same hour.

Mentioned assets
Faceted green token resting on a glass exchange counter / TokenPost.ai
Faceted green token resting on a glass exchange counter / TokenPost.ai

NEAR Protocol (NEAR) rose 4.75% in one hour to $5.34 at 1:47 a.m. ET (05:47 UTC) on Sept. 27, extending its 24-hour gain to 8.76%. The price was measured from Binance spot trading in the NEAR/USDT pair.

NEAR climbed from $5.09 one hour earlier to $5.34. The move came as short liquidations reached $1.33 million during the same hour across Binance, Bybit and OKX, compared with $20,000 in liquidated long positions.

NEAR ranked 21st by market capitalization at about $6.84629 billion.

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