NEAR Falls 3.08% in One Hour to $4.69 as Long Liquidations Reach $510,000

NEAR fell 3.08% in one hour to $4.69 at 3:16 a.m. ET (07:16 UTC) on Oct. 3, based on TokenPost’s collection of Binance spot NEAR/USDT prices, as long liquidations outpaced short liquidations across three exchanges.

The token had traded at $4.84 an hour earlier. NEAR was down 4.30% over 24 hours at the recorded time.

Liquidations totaled $510,000 in long positions and $30,000 in short positions across Binance, Bybit and OKX during the same hour. NEAR ranked 21st by market capitalization, at approximately $6.33 billion.