NEAR Defies Bears with Late Rally as DeFi Catalysts Fuel Rebound

BTCC / BTCC Square / CoindeskEN /

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CoindeskEN

Release Time:

2025-07-30 16:30:54

NEAR Inches Higher in Final Hour as DeFi Catalysts Clash With Bearish Momentum

NEAR Protocol stages a last-hour surge—just as traders were drafting its obituary.

DeFi momentum vs. macro headwinds: The Layer-1 token clawed back losses despite brutal sell pressure, suggesting institutional players might be accumulating at discounted prices.

Whale watching: On-chain data reveals three massive transfers to cold storage during the dip—because nothing says 'contrarian bet' like parking millions during a bloodbath.

Cynical take: Another 'dead cat bounce' or the start of a reversal? Either way, hedge funds will spin it as 'price discovery' while retail traders get rekt.

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