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Near Protocol (NEAR) drops 9.26% in 24 hours amid $860K long liquidations on major exchanges

Market News
05 Nov 2026, 17:17 WIB
Tokenpost
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Bearish
Near Protocol (NEAR) drops 9.26% in 24 hours amid $860K long liquidations on major exchanges

Near Protocol (NEAR) experienced a significant price decline, falling 3.11% within one hour to $3.83 and extending its 24-hour loss to 9.26% on Binance's spot market. This drop reflects a $0.12 decrease per token from an hour earlier and a broader downward trend over the day. NEAR is currently ranked 21st by market capitalization at approximately $5.18 billion. During the same hour, long liquidations across Binance, Bybit, and OKX totaled $860,000, with no short liquidations reported, indicating strong selling pressure on long positions.

NEAR Protocol holds a market cap of Rp93.12 trillion on Pluang as of Nov 05, 2026 22:32 WIB, with a 24-hour trading volume of Rp11.54 trillion. Despite the article's note of a 9.26% drop in 24 hours, NEAR's price on Pluang shows a slightly larger decline of 9.88%, trading at Rp69,159. Pluang users predominantly buy NEAR, with 96% of order activity as of this time, and the typical hold time is 51 days.

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