Update
Near Protocol Adds 270% in Futures Funding
Near Protocol (NEAR) is experiencing a significant increase in futures funding, with a 270% rise in 24-hour futures trading volume reaching $2.88 billion. Major exchanges like Binance and OKX have reported substantial increases in futures activity, with Binance's top trader long/short position ratio at 1.7808 indicating a bullish bias. Spot markets show a different picture, with inflows higher than outflows, suggesting spot buying interest remains strong despite pressure in leveraged markets. NEAR's daily chart shows a recent correction below several short-term moving averages and a weakening Relative Strength Index.