NEAR Protocol

NEAR 24 Hour Move

-18.80%

$2.66 → $2.16

Why NEAR Protocol is down 18.8% today

Analysis

NEAR fell 18.8% over the past 24 hours after reports that Arthur Hayes sold his entire NEAR position, which likely added notable sell pressure and weighed on sentiment around the token. The move also came as broader crypto markets stayed fragile with Bitcoin hovering near $61K amid liquidation-related flows, reinforcing risk-off trading across altcoins.

Contributing Factors (3)

AMBCrypto Liquidation 2 weeks ago

As Bitcoin hangs near $61K, whale closes 1400 BTC position – Can price survive?

Bitcoin whale activity in the Futures market surged as Bitcoin fell to February lows, driving liquidation to $752 million.

Confidence

82%

Read source

The Block 3 weeks 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

74%

Read source

AMBCrypto Price Analysis 2 weeks ago

‘Time to take profit’ – Arthur Hayes dumps HYPE, NEAR before SpaceX IPO

Will SpaceX IPO debut boost some altcoins?

Confidence

72%

Read source

Move Details

Asset NEAR Protocol

Symbol NEAR

Direction ↓ Bearish

Timeframe 24 Hours

Start Price $2.66

End Price $2.16

Change -18.80%

Detected Jun 5, 2026 4:55 AM

Explanation Confidence

77%

High confidence in the explanation based on source reliability and timing.

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