NE
NEAR Protocol
NEAR
24 Hour Move
-17.65%
$2.89 → $2.38
Why NEAR Protocol is down 17.6% today
Analysis
NEAR Protocol (NEAR) fell 17.6% over the past 24 hours after news that prominent crypto investor Arthur Hayes sold his entire NEAR position. According to *The Block*, Hayes cited shifting focus toward upcoming AI IPOs and the U.S.
Contributing Factors (1)
#1
The Block
7 hours ago
Arthur Hayes sells entire HYPE and NEAR positions, citing AI IPOs and US midterms
Hayes faced backlash from social media users after selling the tokens days after publicly touting them.
Confidence
82%
Read source
Move Details
Asset
NEAR Protocol
Symbol
NEAR
Direction
↓ Bearish
Timeframe
24 Hours
Start Price
$2.89
End Price
$2.38
Change
-17.65%
Detected
Jun 4, 2026 10:40 AM
Explanation Confidence
82%
High confidence in the explanation based on source reliability and timing.