According to Coinalyze data, Near Protocol's Open Interest (OI) has decreased by 9.5% in the past 24 hours, while the price of the NEAR token fell by 7.9% during the same period, currently trading at approximately $4.50. A simultaneous decline in OI and price typically suggests market deleveraging, with traders potentially actively closing positions or being forced liquidated. NEAR has cumulatively fallen by approximately 13.2% over the past 7 days.