# Chainlink Falls 5.48% in Four Hours to $11.10 on Binance

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/43931
Published: 2026-10-29T21:49:23.000Z
Updated: 2026-10-29T21:49:23.000Z
Section: Investing

> LINK was down 6.25% over 24 hours. One-hour liquidations across Binance, Bybit and OKX totaled $590,000 in long positions and $30,000 in short positions.

Chainlink (LINK) fell 5.48% in four hours to $11.10 at 5:45 p.m. ET Thursday, Oct. 29, using Binance spot LINK/USDT prices. LINK traded at $11.74 four hours earlier, a $0.64 drop over that interval.

LINK was down 6.25% over 24 hours. The four-hour calculation compares Binance spot LINK/USDT at the start and end of that interval, keeping the exchange and pair consistent for both observations. The $11.10 figure is the price reading recorded at 5:45 p.m. ET; the 24-hour percentage covers a longer window.

Liquidations totaled $590,000 for long positions and $30,000 for short positions in the same one-hour period across Binance, Bybit and OKX. The long-side total was substantially higher than the short-side total during that period.

Chainlink’s market capitalization was estimated at about $8.63415 billion, ranking it 17th by market capitalization. The ranking provides a market-size reference alongside the short-term price and liquidation data.