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Chainlink (LINK) drops 7% in four hours, liquidations hit $820K on major exchanges

Market News
05 Nov 2026, 18:10 WIB
Tokenpost
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Bearish
Chainlink (LINK) drops 7% in four hours, liquidations hit $820K on major exchanges

Chainlink (LINK) experienced a sharp decline of 7.00% within four hours, falling to $10.70 on Binance's spot market. Over the past 24 hours, LINK's price dropped by 7.68%, reflecting broader market weakness. During a one-hour period, liquidations on Binance, Bybit, and OKX totaled $820,000 in long positions, with no short liquidations reported. Chainlink remains the 17th largest cryptocurrency by market capitalization at approximately $8.41 billion, signaling notable volatility that investors should watch closely.

As of Nov 05, 2026 23:22 WIB, Chainlink (LINK) trades on Pluang at Rp196.657 with a 1-day change of -7.13%. The token's market cap on Pluang stands at Rp147,16 trillion, supported by a 24-hour trading volume of Rp6,65 trillion. Pluang users show strong buying interest with 74% buy orders and a typical hold time of 64 days, highlighting steady engagement despite recent price drops.

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