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Chainlink (LINK) drops 6.09% in 24 hours amid $430K long liquidations on major exchanges

Market News
30 Sep 2026
Tokenpost
View Source
Bearish
Chainlink (LINK) drops 6.09% in 24 hours amid $430K long liquidations on major exchanges

Chainlink (LINK) experienced a sharp decline, falling 3.49% within one hour to $14.17 on September 30, extending its 24-hour loss to 6.09%. The drop was observed on Binance's LINK/USDT spot market, where the price fell from $14.69 to $14.17. During the same hour, long liquidations across Binance, Bybit, and OKX totaled $430,000, while no short liquidations were recorded. LINK remains the 13th largest cryptocurrency by market capitalization, valued at approximately $10.8 billion. This decline highlights increased selling pressure and potential volatility for LINK holders in the near term.

Chainlink is trading at Rp253,326 on Pluang as of September 30, 2026, 21:53 WIB, down 6.37% in the past day. The platform shows a strong sell sentiment with 71% of orders to sell and a typical hold time of 63 days. This aligns with the article's report of a sharp price drop and significant long liquidations, indicating ongoing volatility for LINK holders.

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