LI

Chainlink

LINK 1 Hour Move
-1.02%
$7.86 → $7.78

Why Chainlink is down 1.0% in the last hour

Analysis

Chainlink (LINK) dipped about 1.0% over the past hour as traders reacted to reports that the US government moved roughly $768,000 worth of seized FTX-linked tokens, triggering concerns about potential selling pressure and prompting risk-off positioning in LINK. While separate coverage highlighted Chainlink’s involvement in FIFA World Cup 2026-related crypto initiatives alongside Kraken and Chiliz, that positive narrative didn’t offset the near-term sell-off fears.

Contributing Factors (3)

#1
BeInCrypto ETF Flows 4 weeks ago

US Government Moves $768,000 Seized FTX Tokens, Sparks Chainlink Sell-Off Fears

US government wallet moves 98,590 seized FTX Chainlink tokens to Coinbase Prime, sparking LINK sell-off speculation. The post US Government Moves $768,000 Seized FTX Tokens, Sparks Chainlink Sell-Off...

Confidence
81%
Read source
#2
CryptoNews Exchange Outage 4 weeks ago

Crypto FIFA World Cup 2026 Moment: Kraken, Chainlink, and Chiliz Are All In

FIFA 2026 Kicks Off: Kraken, Chainlink & Chiliz Go All In The post Crypto FIFA World Cup 2026 Moment: Kraken, Chainlink, and Chiliz Are All In appeared first on Cryptonews.

Confidence
79%
Read source
#3
CryptoNews Exchange Outage 4 weeks ago

Crypto News, June 11: Bitcoin Price Unfazed by Trump and His Threat to Flatten Tehran, Chainlink and Kraken Power FIFA World Cup

Bitcoin price holds firm despite Trump threats on Iran as Chainlink powers massive FIFA World Cup Deal alongside Kraken. Bullish? The post Crypto News, June 11: Bitcoin Price Unfazed by Trump and His...

Confidence
79%
Read source

Move Details

Asset Chainlink
Symbol LINK
Direction ↓ Bearish
Timeframe 1 Hour
Start Price $7.86
End Price $7.78
Change -1.02%
Detected Jun 11, 2026 1:10 PM

Explanation Confidence

80%

High confidence in the explanation based on source reliability and timing.