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Near Protocol Drops 3.1% in One Hour, Reaching $5.04

NEAR was down 3.65% over 24 hours as $90,000 in long positions were liquidated across three exchanges.

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Faceted token beside a red market marker in morning light / TokenPost.ai
Faceted token beside a red market marker in morning light / TokenPost.ai

Near Protocol (NEAR) fell 3.10% in one hour to $5.04 at 5:41 a.m. ET (09:41 UTC) on Oct. 7, extending its 24-hour decline to 3.65%.

The price dropped from $5.20 one hour earlier. The figures were calculated from Binance’s spot NEAR/USDT market using TokenPost’s direct exchange-price collection.

Long liquidations across Binance, Bybit and OKX totaled $90,000 during the same one-hour period. Short liquidations totaled $0.

NEAR ranked 21st by market capitalization at approximately $6.74445 billion.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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