Analyst: The price of NEAR fell by 13% due to a security incident
2026-10-01 23:31:27
According to CoinMeta, the price of NEAR fell by 13% on October 1 due to a security incident, after having broken through to $5.50 in September. The current support level of $4.34 has become a key level, and traders are assessing the corrections that may occur in October. The hot wallets of NEAR that hold BSC encountered a security vulnerability worth $3.8 million, which affected market sentiment. Analysts point out that if buyers can hold the $4.34 support level, the recent corrections may just be short-term adjustments. However, if there is continued heavy selling, the importance of this support level will further increase.
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Source:Coinpedia
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