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NEAR Protocol price drops 4.24% in one hour amid heavy long liquidations

Market News
10 Nov 2026, 17:46 WIB
Tokenpost
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Bearish
NEAR Protocol price drops 4.24% in one hour amid heavy long liquidations

NEAR Protocol (NEAR) saw a sharp price decline of 4.24% within one hour, falling from $3.71 to $3.55 on November 10. During this period, long position liquidations on Binance, Bybit, and OKX totaled $460,000, significantly higher than short liquidations of $50,000. This rapid drop contributed to a 2.61% decline over 24 hours, reflecting increased selling pressure on the token, which holds the 21st spot in market capitalization at around $4.9 billion. Investors should watch for further volatility as liquidations indicate potential market instability.

NEAR Protocol holds a market cap of Rp86.19 trillion on Pluang as of Nov 10, 2026 23:02 WIB, with a 24-hour trading volume of Rp9.58 trillion. Despite the article's note of a 4.24% drop within one hour, on Pluang NEAR's price shows a more moderate 1.56% decline over the day, trading at Rp65,177. Pluang order activity leans heavily toward selling at 80%, with a typical hold time of 51 days, indicating cautious investor sentiment.

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