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NEAR token drops nearly 4% in an hour but stays up 4.2% over 24 hours

Market News
05 Oct 2026
Tokenpost
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Bearish
NEAR token drops nearly 4% in an hour but stays up 4.2% over 24 hours

NEAR Protocol's token price fell 3.95% within one hour to $5.11 on Binance's NEAR/USDT market on October 6, after being at $5.32 an hour earlier. Despite this sharp hourly decline, the token maintained a 4.20% gain over the previous 24 hours. During the same hour, $40,000 worth of positions were liquidated across Binance, Bybit, and OKX, with $30,000 in long positions and $10,000 in short positions affected. The brief price drop followed a positive 24-hour trend, though no specific reason was given for the sudden pullback.

As of Oct 06, 2026 07:02 WIB, NEAR trades at Rp94.036 on Pluang with a 7.14% gain over the past day. The token's market cap stands at Rp120.96 trillion, supported by a 24-hour trading volume of Rp18.05 trillion. Pluang users show a nearly balanced order activity with 51% selling and 49% buying, holding NEAR for an average of 51 days.

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