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Near Protocol (NEAR) Reaches $5.04 With $650,000 in Short Liquidations

Its Binance spot quote gained a reported 5.20% in one hour. Long liquidations across three exchanges totaled $150,000 during the same period.

Updated 1 min read
Anonymous hands check a phone on a New York City sidewalk at night. / TokenPost.ai (mono)
Anonymous hands check a phone on a New York City sidewalk at night. / TokenPost.ai (mono)

Short liquidations in Near Protocol (NEAR) totaled $650,000 across three exchanges in the hour ending at 8:02 p.m. ET Oct. 20, while its Binance spot quote reached $5.04.

Binance’s market pairing NEAR with Tether (USDT) had quoted the asset at $4.79 an hour earlier. The reported one-hour gain was 5.20%, and the 24-hour reading showed a 2.57% increase at the later snapshot.

The liquidation tally covered Binance, Bybit and OKX. Long liquidations across those exchanges came to $150,000 over the same hour, leaving the short-side total more than four times as large. The $5.04 figure was a quote from one Binance spot pair; the liquidation figures covered all three exchanges.

The evening reading followed a different picture earlier that day. At 10:07 a.m. ET Oct. 20, Binance quoted NEAR at $4.85 and its 24-hour measure showed a 1.72% decline, as an earlier EconoTimes price update recorded. That 24-hour measure was positive by the evening snapshot.

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