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Near Protocol (NEAR) drops 3.19% in an hour despite recent gains, with $690K liquidations.

Market News
08 Oct 2026
Tokenpost
View Source
Bearish
Near Protocol (NEAR) drops 3.19% in an hour despite recent gains, with $690K liquidations.

Near Protocol (NEAR) experienced a sharp 3.19% price drop within one hour, falling from $5.52 to $5.35 as of early October 8. This decline came despite a 3.76% gain over the previous 24 hours, indicating short-term volatility. During this hour, liquidations totaled $690,000, mostly from short positions ($550,000) compared to long positions ($140,000). NEAR remains the 20th largest cryptocurrency by market capitalization at about $7.04 billion, highlighting its continued significance in the market despite recent fluctuations.

NEAR Protocol shows a positive 3.90% change over the past day on Pluang, trading at Rp96.062 as of Oct 08, 2026 15:21 WIB. Despite the recent volatility mentioned in the news, selling dominates Pluang order activity at 87%, with typical holders keeping their positions for about 51 days.

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