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

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/29868
Published: 2026-10-11T16:14:36.000Z
Updated: 2026-10-11T16:14:36.000Z
Section: Investing

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

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.