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Near Protocol (NEAR) drops 3.07% in an hour amid heavy long position liquidations

Market News
12 Oct 2026
Tokenpost
View Source
Bearish
Near Protocol (NEAR) drops 3.07% in an hour amid heavy long position liquidations

Near Protocol (NEAR) saw its price fall 3.07% within an hour to $5.40, extending its 24-hour decline to nearly 7%. This drop was driven by a significant imbalance in liquidations, with long positions losing $1.2 million compared to just $10,000 in short liquidations. NEAR traded on Binance and other exchanges, holding the 20th spot by market cap at around $7.08 billion. The sharp sell-off highlights increased volatility and risk for investors holding long positions in NEAR.

NEAR Protocol trades at Rp96.288 on Pluang, down 6.21% as of Oct 13, 2026 00:02 WIB. The market cap stands at Rp129.63 trillion with 94% of orders as sell. Typical holding time is 51 days, showing active trading amid recent volatility.

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