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Near Protocol (NEAR) drops 6.07% in four hours to $5.13 despite recent gains

Market News
08 Oct 2026
Tokenpost
View Source
Bearish
Near Protocol (NEAR) drops 6.07% in four hours to $5.13 despite recent gains

Near Protocol (NEAR) experienced a sharp 6.07% price drop within four hours, falling from $5.47 to $5.13 as of October 8. This decline occurred despite a 1.95% gain over the previous 24 hours. During the same period, long liquidations on major exchanges like Binance, Bybit, and OKX totaled $200,000, while no short liquidations were recorded. Near Protocol remains ranked 21st by market capitalization, valued at approximately $6.9 billion. This price movement highlights volatility and active trading positions in the NEAR market.

While NEAR dropped 6.07% in four hours to $5.13 as reported earlier today, on Pluang it trades at Rp92,000 with a 1.81% gain over the last 24 hours as of Oct 08, 2026 18:02 WIB. Despite this short-term volatility, NEAR's market cap on Pluang stands strong at Rp122.49 trillion, supported by a high 24-hour trading volume of Rp27.2 trillion. The Pluang platform shows a predominantly selling sentiment with 87% of orders being sell orders, contrasting with the 13% buy orders, and an average holding period of 51 days among investors.

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