NEAR Protocol Positioning Shows Expanding Leverage Amidst Price Pullback

4 days ago
4 min read
NEAR Protocol concluded the week with a price pullback, registering a 4.87% decline over seven days, following a substantial 125.74% rally in the preceding 30-day period. Despite this short-term price weakness, derivatives markets indicate a notable expansion in open interest, suggesting continued or increasing leveraged participation. Volatility has normalized closer to its 90-day baseline, while the asset's relative strength against Bitcoin has softened over the past week.



