Chainlink Price Falls 7.6 Percent as Long Bets Grow: Will $10.26 Support Hold?

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Chainlink lost 7.6 percent on November 5, falling to $10.69 as the Nasdaq sell-off dragged crypto lower. Yet on OKX the number of long accounts rose to as many as 2.59 per short account, and the 200-day line at $10.06 is moving closer.Chainlink falls to around $10.69 on November 5, 2026.Add as a preferred source on GoogleFollow on Google NewsThe Chainlink price fell 7.6 percent on Thursday, November 5, 2026, to around $10.69, which is roughly €9.52. At the same time, more accounts on the OKX exchange were betting on a rising LINK price than at any point in days: by the evening, there were as many as 2.59 long accounts for every short account. For you as an investor, that is the most important figure of the day, because it shows where the risk lies over the coming days. Chainlink is what is known as an oracle network. An oracle supplies data from outside the blockchain, such as prices, interest rates or share prices, to smart contracts that cannot retrieve this information on the...