1 min read

Chainlink Drops 5.8% in Four Hours to $14.66

LINK remained up 6.21% over 24 hours as $270,000 in long positions were liquidated during the same hour.

Mentioned assets
Metallic chain token beside a sharply descending red candlestick / TokenPost.ai
Metallic chain token beside a sharply descending red candlestick / TokenPost.ai

Chainlink (LINK) fell 5.76% in four hours to $14.66 at 12:08 a.m. ET (04:08 UTC) Sept. 29, extending a sharp short-term decline despite a 6.21% gain over the previous 24 hours.

LINK was priced at $15.56 four hours earlier. The figures come from TokenPost’s direct collection and calculation of public spot prices on Binance’s LINK/USDT market.

Long-position liquidations totaled $270,000 across Binance, Bybit and OKX during the same hour, while short-position liquidations totaled $0. LINK ranked 13th by market capitalization at about $11.25721 billion.

Loading…