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

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/43995
Published: 2026-10-29T23:00:04.000Z
Updated: 2026-10-29T23:00:04.000Z
Section: Investing

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

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.