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Chainlink Falls 8.38% in Four Hours to $10.72, Down 9.37% in 24 Hours

Binance spot LINK/USDT stood at $10.72. One-hour liquidations across three exchanges totaled $300,000 in long positions.

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A steel chain slopes across a matte charcoal surface / TokenPost.ai
A steel chain slopes across a matte charcoal surface / TokenPost.ai

Chainlink (LINK) fell 8.38% in four hours to $10.72 by 6:55 p.m. ET Oct. 29 (22:55 UTC).

The earlier Binance observation was $11.70 at 2:55 p.m. ET, placing the pair at $10.72 four hours later. The move equals a $0.98 decline, or 8.38%, between the two spot readings. The separate 24-hour measure showed a 9.37% decrease, 0.99 percentage points larger than the four-hour drop.

The one-hour liquidation tally across Binance, Bybit and OKX recorded $300,000 in liquidated long positions and $0 in liquidated short positions. The tally covers a different period and venue set from the four-hour price reading, which uses Binance spot LINK/USDT. The amount is a combined total for the three exchanges, not a separate figure for each venue.

Chainlink ranked 17th by market capitalization, at approximately $8.37665 billion.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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