NEAR Jumps 3.92% in One Hour to $5.53 as Short Liquidations Reach $830,000

Near Protocol (NEAR) rose 3.92% in one hour to $5.53 as of 11:43 p.m. ET on Oct. 11 (03:43 UTC on Oct. 12), extending its 24-hour gain to 2.69%.

The token climbed from $5.33 one hour earlier to $5.53. The price was measured from Binance’s NEAR/USDT spot market, with TokenPost’s market data collection recorded at the stated time.

Liquidations across Binance, Bybit and OKX totaled $840,000 during the same hour. Short positions accounted for $830,000 of the total, while long liquidations reached $10,000.

NEAR ranked 20th by market capitalization at approximately $7.12075 billion. No specific catalyst was identified in the supplied market data.