Chainlink
Why Chainlink is down 1.0% in the last hour
Analysis
Chainlink (LINK) slipped about 1.0% over the past hour as traders reacted to reports that Binance will delist 12 margin trading pairs at the start of September, with LINK among the affected assets. The announcement can reduce margin-market liquidity and prompt short-term risk-off positioning around the token.
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.