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NEAR Protocol (NEAR) Reaches $5.03 After 7.09% Hourly Gain

The Binance quote was up 2.36% over 24 hours, while data from three exchanges showed $1.28 million in short liquidations and $20,000 in long liquidations.

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A market graphic compares NEAR's hourly price gain with short liquidations across three exchanges. / EconoTimes.ai
A market graphic compares NEAR's hourly price gain with short liquidations across three exchanges. / EconoTimes.ai

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NEAR Protocol (NEAR) reached $5.03 on Binance at 11:10 a.m. ET (15:10 UTC) Thursday, Oct. 15, after a one-hour advance that exceeded its 24-hour gain.

Binance’s spot pair for NEAR and Tether (USDT) had been quoted at $4.70 an hour earlier, a $0.33 difference. The reported one-hour gain was 7.09%, against a 2.36% increase over 24 hours, a gap of 4.73 percentage points.

Liquidation data spanning Binance, Bybit and OKX showed $1.28 million in short liquidations during that hour, compared with $20,000 in long liquidations. The short-side total was 64 times the long-side amount. The liquidation tally covers three exchanges, while the price quote came from Binance’s NEAR/USDT spot pair.

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