Near Protocol Jumps 5.94% in Four Hours

Near Protocol (NEAR) saw a notable surge in value early on October 6, reaching $5.28 by 6:07 a.m. ET (10:07 UTC). This represents a 5.94% increase over just four hours, with the token climbing from $4.98. Over a 24-hour period, NEAR gained 7.14%, according to data collected by TokenPost from Binance spot NEAR/USDT quotes.

The price jump coincided with significant short liquidations, totaling $280,000 across three major exchanges, Binance, Bybit, and OKX, within the same hour. No long liquidations were recorded during this time.

The article was reported by Enna Lee, a digital-asset markets specialist for TokenPost, who provided no additional commentary or analysis beyond the stated figures.