# NEAR Protocol Drops 6.28% in Four Hours, Trading at $4.94

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/33746
Published: 2026-10-17T05:09:22.000Z
Updated: 2026-10-17T05:09:22.000Z
Section: Investing

> NEAR was down 4.36% over 24 hours. A one-hour tally showed $760,000 in long liquidations and $10,000 in short liquidations.

NEAR Protocol (NEAR) was trading at $4.94 on Binance's spot NEAR/USDT market at 1:25 p.m. ET (17:25 UTC) Oct. 16, down 6.28% over four hours. It was down 4.36% over 24 hours.

The quoted price is for Binance's spot NEAR/USDT market and is the current point in TokenPost's collected series. The four-hour percentage compares it with TokenPost's collection four hours earlier; the 24-hour percentage covers a longer daily period. Those readings represent separate time windows.

Over one hour, liquidations across Binance, Bybit and OKX totaled $760,000 in long positions and $10,000 in short positions. The one-hour tally is separate from the four-hour price comparison and the 24-hour change. It records liquidations in both long and short positions, with the long total substantially larger.

NEAR ranked 19th by market capitalization, with an estimated value of about $6.54548 billion in the market snapshot. The liquidation tally combined figures from Binance, Bybit and OKX over one hour.