Crypto
NEAR Price Plunges 3.08% to $4.96 Amid Sharp Decline
The price of NEAR Protocol (NEAR) dropped sharply in one hour on September 26, falling 3.08% to $4.96 at 6:27 a.m. ET (10:27 UTC). This decline occurred despite the token's 4.79% gain over the previous 24 hours.
The price drop was observed in Binance's NEAR/USDT spot market, where it fell from $5.12 to $4.96 during the hour.
Liquidations across major exchanges such as Binance, Bybit, and OKX totaled $110,000 over the same period, with long positions accounting for $60,000 of the liquidations and short positions accounting for $50,000.