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NEAR Protocol (NEAR) Price: What Comes Next After a $959 Million Liquidation Wave?

NEAR Protocol (NEAR) Price: What Comes Next After a $959 Million Liquidation Wave?

Photo: CoinCentral

TLDR NEAR is trading near $4.63 on Oct. 15, down about 5% on the day after a rejection near $6. Crypto liquidations reached about $959 million in 24 hours, with $880 million from long positions. The Bitwise NEAR ETF (NRR) has drawn about $79.3 million in net inflows since its Sept. 29 launch. NEAR Intents processed a record $4.8 billion in swaps in September. Analyst Michaël van de Poppe says he would wait for a 30-40% drop before accumulating. NEAR Protocol (NEAR) is trading around $4.63 on the Oct. 15 Binance daily chart.

Source: CoinCentral

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