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NEAR Protocol drops 7.3% amid market sell-off and $39M stolen coins risk from Binance hack

Market News
14 Nov 2026, 17:13 WIB
CryptoTicker
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Bearish
NEAR Protocol drops 7.3% amid market sell-off and $39M stolen coins risk from Binance hack

NEAR Protocol's price fell 7.3% to $3.34, its lowest since mid-September, driven by a broad crypto market downturn. An Elliptic analysis revealed about 11.8 million NEAR tokens, worth roughly $39 million, remain dormant from the recent $6.4 billion Binance hack, posing a potential risk if moved. The stolen coins were laundered through six throwaway tokens, but the hack did not exploit any NEAR protocol flaws. Investors should be cautious, using regulated exchanges and sizing positions to withstand further declines, while monitoring key support levels around $3.15.

NEAR Protocol is trading at Rp59.413 on Pluang, down 6.55% in the last day. As of Nov 14, 2026 22:21 WIB, the market shows strong selling pressure with 86% of orders to sell and a typical hold time of 51 days.

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