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Chainlink (LINK) drops 8.38% in four hours to $10.72 amid $300K long liquidations

Market News
30 Oct 2026, 02:00 WIB
Tokenpost
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Bearish
Chainlink (LINK) drops 8.38% in four hours to $10.72 amid $300K long liquidations

Chainlink (LINK) experienced a sharp price decline of 8.38% over four hours, falling from $11.70 to $10.72 as of October 29. The 24-hour drop was even larger at 9.37%. During this period, $300,000 worth of long positions were liquidated across Binance, Bybit, and OKX exchanges, with no short positions liquidated. Chainlink remains the 17th largest cryptocurrency by market capitalization, valued at approximately $8.38 billion. This price movement highlights increased selling pressure and potential volatility for LINK holders.

Chainlink is trading at Rp194.594 on Pluang as of Oct 30, 2026 06:12 WIB, showing a 9.28% decline over the past day. The platform records a market cap of Rp147.3 trillion for LINK, with a 24-hour trading volume of Rp8.18 trillion. Sell orders dominate the activity at 58%, and the typical holding period for LINK on Pluang is 63 days.

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