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Near Protocol (NEAR) Falls 7.62% in Four Hours to $3.70 on Binance

NEAR was down 10.26% over 24 hours. A one-hour tally recorded $2.02 million in long liquidations and $50,000 in short liquidations.

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A silver token tips down a steep charcoal ramp / TokenPost.ai
A silver token tips down a steep charcoal ramp / TokenPost.ai

Near Protocol (NEAR) fell 7.62% over four hours to $3.70 on Binance spot NEAR/USDT at 11:05 a.m. ET (16:05 UTC) Nov. 5.

The price stood at $4.00 four hours earlier, while NEAR was down 10.26% over the prior 24 hours. The 24-hour decline exceeded the four-hour drop by 2.64 percentage points, reflecting the wider measurement window.

One-hour NEAR liquidations across Binance, Bybit and OKX totaled $2.02 million for long positions and $50,000 for short positions. The long-position total was 40 times the short-position total, showing liquidations were concentrated on one side of the market during that hour.

The $3.70 figure is the spot price for Binance’s NEAR/USDT pair, with the move measured against the $4.00 reading from four hours earlier. NEAR ranked 21st by market capitalization at about $4.99422 billion in the market snapshot. The four-hour and 24-hour percentages describe separate intervals ending at the same latest price observation.

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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