LI

Chainlink

LINK 24 Hour Move
-10.58%
$9.17 → $8.20

Why Chainlink is down 10.6% today

Analysis

Chainlink (LINK) fell 10.6% over the past 24 hours as traders likely reacted to uncertainty around derivatives-driven positioning after AMBCrypto reported that CME is set to support Chainlink (alongside Cardano and Stellar). While the development could be constructive longer-term, the news may have prompted short-term risk-off selling or profit-taking as the market digested potential changes in institutional access and liquidity.

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 24 Hours
Start Price $9.17
End Price $8.20
Change -10.58%
Detected Feb 6, 2026 9:55 AM

Explanation Confidence

67%

Moderate confidence. Multiple factors may be contributing.