LI

Chainlink

LINK 1 Hour Move
-1.69%
$8.30 → $8.16

Why Chainlink is down 1.7% in the last hour

Analysis

Chainlink (LINK) slipped 1.7% over the past hour as traders digested news that CME is set to support Cardano, Chainlink, and Stellar—an update that can trigger short-term repositioning and volatility around derivatives-related developments. Despite the longer-term significance of expanded institutional market access, the immediate reaction in LINK was negative during this window.

Contributing Factors (1)

#1
AMBCrypto Whale Move 2 weeks ago

CME to support Cardano, Chainlink, and Stellar – Potential impact on altcoins? 

ADA whales scaled up accumulation while LINK holders weren't selling aggressively

Confidence
67%
Read source

Move Details

Asset Chainlink
Symbol LINK
Direction ↓ Bearish
Timeframe 1 Hour
Start Price $8.30
End Price $8.16
Change -1.69%
Detected Feb 6, 2026 7:00 AM

Explanation Confidence

67%

Moderate confidence. Multiple factors may be contributing.