# NEAR Protocol Rises as Large Traders Place Multi-Million Dollar Orders

- URL: https://stocks.freetheai.org/news/near-protocol-rises-as-large-traders-place-multi-million-dollar-orders-3fe520
- Published: 2026-10-08T02:24:25Z
- Category: crypto; sentiment: mixed; impact: medium
- Symbols: [COINBASE:NEARUSD](https://stocks.freetheai.org/symbols/COINBASE-NEARUSD)
- Written by our AI from expert market sources across the web for FreeTheAI Stocks, built by Vibhek Soni
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- Not financial advice: https://stocks.freetheai.org/disclaimer

NEAR Protocol (COINBASE:NEARUSD) rose nearly 8% to trade around $5.33 as two large-scale traders placed massive buy and sell orders. The two accounts hold a combined long position of approximately $5.76 million on the decentralized trading platform Hyperliquid, carrying about $70,000 in unrealized profits.

The activity outlines key near-term support and resistance zones for the digital asset. One trader, holding a $4.22 million long position, set up 99 sell orders totaling $4.46 million to scale out of their trade. These take-profit orders are spread between $5.487 and $5.987, covering 98% of their holdings, with the first exit trigger sitting just 2.9% above the previous market price.

Meanwhile, another trader is preparing to heavily expand their exposure on any market pullbacks. Holding a $1.54 million long position, this account placed 15 buy orders totaling $8.32 million between $5.108 and $5.18. This pending order block is 5.6 times larger than their current holdings and would trigger if the token drops between 2.9% and 4.2%. Moving forward, investors will watch whether these large orders act as firm price boundaries, with the token recently trading at $5.392.

## Key points

- NEAR Protocol rose nearly 8% in 24 hours to trade around $5.33 amid large trading activity.
- Two large traders hold a combined long position of $5.76 million on the Hyperliquid platform.
- One trader placed $4.46 million in sell orders between $5.487 and $5.987 to exit 98% of their position.
- Another trader set $8.32 million in buy orders between $5.108 and $5.18 to expand their position on a dip.

## Questions and answers

### Why did NEAR Protocol price rise recently?

NEAR Protocol rose nearly 8% in a 24-hour period, supported by significant trading activity from two large accounts placing multi-million dollar orders.

### At what prices are the large NEAR Protocol sell orders set?

One large trader has placed 99 sell orders totaling approximately $4.46 million between $5.487 and $5.987 to exit their long position.

### Where are the major buy orders placed for NEAR Protocol?

A large trader has placed 15 buy orders totaling about $8.32 million between $5.108 and $5.18 to increase their long exposure if the price drops.