Why did Chainlink drop 1.7% on October 24, 2026?
On October 24, 2026 (UTC), LINK went from about $11.83 to $11.63 (-1.74%) on OKX · USDT, trading between $11.23 and $11.92. For the closed-hour 24h window: LINK largely moved with the market. LINK fell further than this on 9 of the past 29 days. Chainlink moved down roughly in line with Bitcoin and most other tracked coins, a day within the coin's usual range. Trading volume was below usual. No recent report about the coin explains the move, so the cause is unresolved.
Still open
- What catalyst, if any, drove the broad market decline that Chainlink followed? An official statement or exchange notice addressing market-wide conditions would settle this.
- Are there project or ecosystem developments for Chainlink not yet reported? A project announcement or on-chain data would settle this.
- Day open / close
- $11.83 → $11.6324 hourly candles, OKX · USDT
- Day range
- $11.23 – $11.926.1% from low to high
- Versus Bitcoin
- -1.74% / BTC -0.38%-1.1 pts left after BTC × its hourly beta 1.72
- Versus the past month
- 9 of the past 29 days fell furtherClosed-hour 24h move -1.74%, 0.8× its prior 30-day median of 2.1%.
- 30-day range
- 26.3% below the high · 3.5% above the lowFrom hourly highs and lows on the same venue
- Other tracked coins
- 12 of 20 moved the same way1 moved the other way
- 24h volume
- 0.5×of its prior 30-day daily average
- Perpetual swap
- funding positive · open interest flatOKX perpetual swap LINK-USDT-SWAP
Computed from OKX · USDT hourly candles for the 24 hours to 25/10/2026, 00:00 UTC.
Written by a model from the reading above; no report about this coin was available to cite, at 25/10/2026, 00:31 UTC.
Prices, market readings and reports are shown side by side; timing alone does not show what caused a move. Methods →