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NEAR Protocol drops 11.31% in 24 hours amid $11.65M long liquidations

Market News
24 Oct 2026
Tokenpost
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Bearish
NEAR Protocol drops 11.31% in 24 hours amid $11.65M long liquidations

NEAR Protocol's price fell 3.04% in one hour to $4.31 on Binance, extending its 24-hour decline to 11.31%. The drop triggered $11.65 million in long position liquidations across Binance, Bybit, and OKX, with long liquidations making up nearly the entire $11.75 million total. NEAR remains the 20th largest cryptocurrency by market cap at about $5.82 billion. This significant price fall highlights increased selling pressure and market volatility for NEAR in the short term.

Following the sharp drop in NEAR Protocol's price noted on Binance, the token is also down 10.93% on Pluang as of Oct 24, 2026 21:51 WIB, trading at Rp78.389. The market shows a balanced interest with 31% of orders to sell and 69% to buy, while the circulating supply stands at 1.3 billion NEAR tokens. Typical holding time on Pluang is 51 days, indicating moderate investor patience amid current volatility.

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