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Near Protocol Drops 10.2% in Four Hours, Reaching $4.51

NEAR was down 13.96% over 24 hours, while long liquidations reached $1.33 million in the same hour.

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A metallic token rests beside toppled trading markers / TokenPost.ai
A metallic token rests beside toppled trading markers / TokenPost.ai

Near Protocol (NEAR) fell 10.23% from $5.03 to $4.51 in four hours as of 2:33 p.m. ET (18:33 UTC) Oct. 8, extending its 24-hour decline to 13.96%. The price was measured from Binance’s spot NEAR/USDT market.

Long liquidations totaled $1.33 million during the same hour across Binance, Bybit and OKX, compared with $130,000 in short liquidations. The imbalance indicates that most forced position closures came from traders holding long positions.

NEAR ranked 21st by market capitalization at about $5.70903 billion. No confirmed cause for the move was provided in the available market data.

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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