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Near Protocol Falls 3.54% in One Hour as Daily Loss Hits 12.06%

NEAR fell from $5.34 to $5.16 over the hour. Long-position liquidations reached $280,000, while short liquidations were $0.

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Metallic token tilted beside a fallen stack on a dark counter / TokenPost.ai
Metallic token tilted beside a fallen stack on a dark counter / TokenPost.ai

Near Protocol (NEAR) fell 3.54% in one hour to $5.16 at 3:29 a.m. ET Tuesday (07:29 UTC), extending its 24-hour decline to 12.06%.

The price dropped from $5.34 one hour earlier to $5.16 in Binance’s NEAR/USDT spot market. Near Protocol’s market capitalization was about $6.9225 billion.

Liquidations tied to NEAR during the same hour totaled $280,000 in long positions and $0 in short positions across Binance, Bybit and OKX. The figures cover the same one-hour period as the price move.

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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