Chainlink
Why Chainlink is up 1.3% in the last hour
Analysis
Chainlink (LINK) rose 1.3% over the past hour as traders reacted to Binance’s announcement that it will delist 12 margin trading pairs at the start of September, including LINK-related margin pairs. The update may have prompted short-term position adjustments around leverage and liquidity on Binance, contributing to the brief upward move.
Contributing Factors (1)
Binance to Delist 12 Margin Pairs at Start of September: SUI, AVAX, LINK Affected
Major cryptocurrency exchange Binance to delist 12 margin pairs, including those of SUI, Avalanche and Chainlink.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.