Add as a preferred source on GoogleNEAR Protocol Falls 8.36% in Four Hours to $5.02 as Losses Deepen
NEAR was down 14.80% over 24 hours, while Binance, Bybit and OKX recorded $240,000 in long liquidations in the same hour.
NEAR Protocol (NEAR) traded at $5.02 at 7:39 p.m. ET (23:39 UTC) on Oct. 12, falling 8.36% from $5.48 four hours earlier in a sharp move that extended its 24-hour decline to 14.80%.
The price was calculated from Binance spot NEAR/USDT market data collected directly by TokenPost. NEAR ranked 21st by market capitalization at about $6.64069 billion.
Liquidations during the same hour totaled $240,000 in long positions and $10,000 in short positions across Binance, Bybit and OKX. Long liquidations occur when leveraged bets on higher prices are forcibly closed after the market falls.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.