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Near Protocol jumps 3.43% in one hour to $5.39

  • Near Protocol rose sharply amid strong buying pressure.
  • NEAR climbed 3.43% in one hour to $5.39 and 12.01% over 24 hours.
  • Major exchanges liquidated $200,000 in short positions as of September 27.

Near Protocol (NEAR) rose 3.43% within one hour to $5.39 and gained 12.01% over 24 hours as of September 27. The move reflected strong buying pressure, alongside the liquidation of $200,000 in short positions on major exchanges. Short liquidations occur when leveraged bearish trades are forcibly closed as prices rise, adding buying demand to the market.

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