NEAR Defies Bears with Late Rally as DeFi Catalysts Fuel Rebound
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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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