NEAR Protocol Drops 3.22% in One Hour, Trading at $4.98

NEAR Protocol dropped 3.22% in one hour to trade at $4.98, while still up 4.01% over 24 hours. The decline triggered $50,000 in long position liquidations, reflecting sudden market volatility. Traders saw leveraged longs wiped out as the token reversed its short-term gains, highlighting the risk of rapid price swings in the crypto market.