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Near Protocol Jumps 7.6% in One Hour Alongside $4.92 Million in Short Liquidations

NEAR reached $5.74 at 12:13 p.m. ET (16:13 UTC) after trading at $5.33 an hour earlier.

Mentioned assets
Faceted metallic token beside scattered chips on a reflective counter / TokenPost.ai
Faceted metallic token beside scattered chips on a reflective counter / TokenPost.ai

Near Protocol (NEAR) rose 7.58% in one hour to $5.74 at 12:13 p.m. ET on Oct. 11 (16:13 UTC), based on Binance spot NEAR/USDT prices.

NEAR had traded at $5.33 an hour earlier. The token was up 7.02% over 24 hours at the same measurement time.

Liquidations across Binance, Bybit and OKX totaled $4.92 million in short positions during the one-hour move, compared with $40,000 in long positions.

NEAR ranked 20th by market capitalization, at approximately $7.12075 billion, based on the figures used for the measurement.

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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