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NEAR Protocol price drops 14.8% in 24 hours, hitting $5.02 amid heavy liquidations

Market News
12 Oct 2026
Tokenpost
View Source
Bearish
NEAR Protocol price drops 14.8% in 24 hours, hitting $5.02 amid heavy liquidations

NEAR Protocol (NEAR) experienced a sharp price decline, falling 14.8% over 24 hours to $5.02 as of October 12. The drop included an 8.36% fall within four hours, driven by liquidations totaling $250,000 in long and short positions on major exchanges like Binance, Bybit, and OKX. This decline reflects increased selling pressure and forced closures of leveraged bets on rising prices. NEAR remains the 21st largest cryptocurrency by market capitalization at approximately $6.64 billion.

NEAR Protocol trades at Rp90,663 on Pluang as of Oct 13, 2026 07:01 WIB, down 13.83% in one day. The market cap stands at Rp118.42 trillion with a 24-hour volume of Rp26.14 trillion. Sell orders dominate at 94%, while typical hold time is 51 days, indicating strong selling pressure on the platform.

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