Investment
Features
FeesSafety
Academy
More
Pluang+

Chainlink (LINK) price dips below key short-term averages amid stronger selling pressure

Technical Signals
10 Oct 2026
Tokenpost
View Source
Bearish
Chainlink (LINK) price dips below key short-term averages amid stronger selling pressure

Chainlink (LINK) traded below several short-term moving averages as selling pressure exceeded buying, signaling weaker near-term momentum. The token was priced at $12.87, down 0.75% over 24 hours, with aggressive sell volume outpacing buy volume in recent trading. Despite this, Binance account holders remained predominantly long, with top traders showing a strong long bias. This market activity follows Chainlink's recent launch of CCIP 2.0, an upgrade aimed at institutional and digital asset users that offers faster transfers and enhanced compliance features, which could influence future price movements.

Following Chainlink's recent upgrade launch, the token's trading dynamics show mixed signals on Pluang as of Oct 10, 2026 15:51 WIB. LINK is priced at Rp231.101 with a slight 1-day gain of 0.47%, contrasting the article's note of a 0.75% decline in USD terms. Market activity on Pluang reveals a balanced order flow with 53% Sell and 47% Buy, while typical holding periods average 63 days, indicating moderate investor engagement.

More News (LINK)

LINK, BNB, and NEAR ETFs see inflows; SOL ETF posts outflows for fifth day

LINK, BNB, and NEAR ETFs see inflows; SOL ETF posts outflows for fifth day

In the altcoin spot ETF market, Chainlink (LINK), Binance Coin (BNB), and NEAR ETFs recorded net inflows, signaling investor interest, while Solana (SOL) ETFs experienced net outflows for the fifth consecutive day. Other altcoins like XRP, Dogecoin, ...

Market News
Neutral
9 hours ago
About 14.1M LINK worth $180M moved to Binance from Chainlink noncirculating wallets on Oct 9.

About 14.1M LINK worth $180M moved to Binance from Chainlink noncirculating wallets on Oct 9.

On October 9, Chainlink noncirculating-supply wallets transferred a total of approximately 14.125 million LINK tokens, valued at around $180 million, to Binance deposit addresses. These transfers occurred in multiple transactions between 11:53 a.m. a...

Market News
Neutral
15 hours ago
Nearly 9.4M Chainlink tokens worth $120M moved to Binance in three large transfers

Nearly 9.4M Chainlink tokens worth $120M moved to Binance in three large transfers

Three large transfers totaling 9,399,997 Chainlink (LINK) tokens, valued at about $119.9 million, were moved to Binance within three hours ending October 9 at 5:03 p.m. ET. The biggest transfer moved nearly 4 million LINK tokens worth $51.1 million f...

Market News
Neutral
16 hours ago
7.4M LINK tokens worth $94.3M moved to Binance from Chainlink's noncirculating supply wallets

7.4M LINK tokens worth $94.3M moved to Binance from Chainlink's noncirculating supply wallets

Two Chainlink wallets holding noncirculating supply transferred about 7.4 million LINK tokens, valued at $94.3 million, to Binance deposit addresses in two transactions on Friday. These transfers moved tokens from Chainlink's noncirculating supply to...

Market News
Neutral
16 hours ago
7.4 million LINK worth $94.3M moved from noncirculating wallets to Binance deposit addresses

7.4 million LINK worth $94.3M moved from noncirculating wallets to Binance deposit addresses

Two Chainlink noncirculating-supply multisig wallets transferred about 7.4 million LINK tokens, valued at roughly $94.3 million, to Binance deposit addresses on October 9. These transactions, occurring at 3:53 p.m. and 4:01 p.m. ET, involved wallets ...

Market News
Neutral
16 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App