Near Protocol Plummets by 3.33% to $5.29 in One Hour

Near Protocol's price dropped by 3.33% in one hour to $5.29, according to recent data from Binance's NEAR/USDT spot market. This decline occurred despite the token remaining higher over the past 24 hours.

In fact, Near Protocol was still up 4.15% from its level 24 hours earlier. The asset's market capitalization was around $6.94659 billion as of the time of the drop.

Long liquidations reached $150,000 during this same hour across Binance, Bybit, and OKX, while short liquidations totaled $20,000.