---
title: "Why did Chainlink drop 1.1% on October 23, 2026?"
language: en
canonical: "https://whycoinmoves.com/en/coins/chainlink/2026-10-23"
date: 2026-10-23
---

# Why did Chainlink drop 1.1% on October 23, 2026?

On October 23, 2026 (UTC), LINK went from about $11.96 to $11.83 (-1.06%) on OKX · USDT, trading between $11.60 and $12.29. For the closed-hour 24h window: LINK is within a usual day's range. LINK fell further than this on 10 of the past 29 days. No LINK report was published here that day; the cause is unresolved.

- Day open / close: $11.96 → $11.83 (24 hourly candles, OKX · USDT)
- Day range: $11.60 – $12.29
- Versus Bitcoin: -1.06% / BTC -0.28%; -0.6 pts left after BTC × its hourly beta 1.74
- Versus the past month: 10 of the past 29 days fell further; Closed-hour 24h move -1.06%, 0.5× its prior 30-day median of 2.3%.
- 30-day range: 25.0% below the high · 2.6% above the low; From hourly highs and lows on the same venue
- Other tracked coins: 14 of 24 moved the same way; 6 moved the other way
- 24h volume: 0.3×; of its prior 30-day daily average
- Perpetual swap: funding near zero · open interest flat; OKX perpetual swap LINK-USDT-SWAP

Computed from OKX · USDT hourly candles for the 24 hours to 24/10/2026, 00:00 UTC.

Prices, market readings and reports are shown side by side; timing alone does not show what caused a move.

## Same-day movers · 2026-10-23 (UTC)

- [Irys (IRYS) +271.67%](<https://whycoinmoves.com/en/coins/irys/2026-10-23>)
- [Aerodrome Finance (AERO) -7.05%](<https://whycoinmoves.com/en/coins/aerodrome-finance/2026-10-23>)
- [Pepe (PEPE) +4.05%](<https://whycoinmoves.com/en/coins/pepe/2026-10-23>)
- [Hedera (HBAR) -3.08%](<https://whycoinmoves.com/en/coins/hedera-hashgraph/2026-10-23>)
- [Zcash (ZEC) -3.00%](<https://whycoinmoves.com/en/coins/zcash/2026-10-23>)

[Chainlink (LINK) price and news](<https://whycoinmoves.com/en/coins/chainlink>)
[Methods and limitations](<https://whycoinmoves.com/en/methodology>)