Add as a preferred source on GoogleNEAR Gains 9% as Binance NEARUSDT Perpetual Open Interest Rises 9.9%
NEAR’s 24-hour range was $4.82 to $5.43. The contract price rose 9.0% over the same 24-hour period as the open-interest reading.
At 2:41 p.m. ET (18:41 UTC) on Oct. 21, NEAR Protocol (NEAR) stood at $5.35, a 9.14% gain from 24 hours earlier. Its 24-hour range was $4.82 to $5.43.
At 2:49 p.m. ET (18:49 UTC), open interest in Binance’s NEARUSDT perpetual contract was 9.9% higher than 24 hours earlier. The contract price had risen 9.0% over the same period. Its funding rate was +0.010% per eight hours, with long-position holders paying short-position holders.
Open interest counts contracts that remain active. The increase means more contracts were open than 24 hours earlier, but it does not show which traders drove the change or indicate NEAR’s next price move.
NEAR’s Oct. 20 UTC daily close was $4.92. The token is used for staking and network fees on its proof-of-stake blockchain.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.