NEAR Protocol Rocked by Institutional Exodus—Bullish Traders Fight Back in Wild Price Swing

Whales are dumping, but retail isn't blinking—NEAR's rollercoaster proves crypto's favorite game isn't dead yet.

Institutional flight meets diamond hands

Big money cut and ran this week, sending NEAR into a tailspin before decentralized true believers staged a classic crypto dead-cat bounce. The protocol's token bled out double-digits before clawing back half the losses in 48 chaotic hours.

Volatility as a feature, not a bug

Traders shrugged off the sell-off like another Tuesday in Web3—because honestly, what's a 30% swing between friends? The 'recovery' still leaves NEAR down 15% for the week, but try telling that to the degens buying this dip with leverage.

Another day, another proof that crypto markets run on hopium and institutional tears. Wall Street's 'smart money' keeps underestimating how long retail can HODL through absurd turbulence—and how quickly a 10% rebound gets rebranded as 'bullish consolidation.'

• NEAR Protocol recorded substantial price volatility with a $0.26 trading range representing 8.53% movement between the session high of $3.05 and low of $2.78.
• The cryptocurrency initially demonstrated upward momentum from $2.90 to reach $3.05 during evening trading hours, establishing technical resistance at the $3.04-$3.05 level.
• Significant institutional selling occurred during August 14 between 12:00-13:00 UTC with exceptional trading volumes of 19.99 million and 12.22 million tokens respectively.
• Daily trading activity substantially exceeded the 24-hour average of 5.47 million tokens, reflecting heightened institutional selling pressure.
• Market price declined to $2.75 before corporate buying interest supported a recovery to $2.82 at session close.
• High-volume institutional selling patterns suggest potential continued downside risk despite modest recovery attempts, according to market strategists.

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