# Chainlink Drops 5.99% in Four Hours to $8.62 on Binance

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/57543
Published: 2026-11-14T22:17:50.000Z
Updated: 2026-11-14T22:17:50.000Z
Section: Investing

> LINK was down 12.21% over 24 hours. A one-hour tally recorded $520,000 in long liquidations and $0 in short liquidations.

Chainlink (LINK) fell 5.99% over four hours to $8.62 at 5:12 p.m. ET Saturday (22:12 UTC), marking a sharp short-term move in Binance's spot market.

TokenPost directly collected the Binance spot LINK/USDT quote. LINK traded at $9.17 four hours before the 5:12 p.m. ET reading, then at $8.62, a $0.55 decline. The four-hour change was 5.99%; across the separate 24-hour window, LINK was down 12.21%.

Over the same one-hour period, LINK liquidations totaled $520,000 in longs and $0 in shorts across Binance, Bybit and OKX. The tally reports the two position directions separately.

LINK's market capitalization was about $6.73698 billion, ranking it 17th. The market-cap ranking gives a size reference alongside the price data. The price comparison uses Binance's spot LINK/USDT market; the liquidation total combines figures across Binance, Bybit and OKX. The reported figures cover four-hour, 24-hour and one-hour measurement windows, respectively.