LINK Volume Surges 65% as Traders Eye $12 Breakout
Chainlink (LINK)
Editor:
Eugene Serbin
u.today reports that Chainlink (LINK) is experiencing a 65% increase in trading volume over the past 24 hours as it attempts to recover from a recent correction. The asset is currently trading around $11.40, having risen from $8.00 in early August to a peak above $13.50 before sellers intervened. Futures volume on Binance LINK/USDT reached approximately $113 million, marking a 53% daily increase, while OKX and Bybit saw rises of 44% and 52% respectively.
Despite this activity, futures flows remained negative, with net outflows of $1.84 million over four hours and $3.86 million over twelve hours. Spot flows also showed negative trends across one-, four-, eight-, and twelve-hour windows. Top-trader position ratios exceeded 2.2, and Binance's long/short ratio sat at 1.46, indicating a strong bias toward longs.
This positioning creates a risk of liquidation if support is lost, even as demand persists. Technically, LINK remains above major moving averages with shorter averages rising, and the RSI has cooled to the mid-50s. The $12 resistance level is the immediate barrier, with a daily close above it potentially targeting $12.50 and the September high of $13.50.
How the market reacted
Whalio's own Binance spot order flow for LINK, measured when this story was written up on 14 September 2026. Not the outlet's figures.
Whalio data shows LINK trading at $11.20 with a 24-hour buy ratio of 49.9%, indicating near-even market participation. Short-term pressure leans slightly bearish, with the 1-hour buy ratio at 46.7% and a negative volume delta of -$30,669, while the 4-hour view is neutral at 50.0% with a minimal positive delta of +$2,924. The cumulative delta for the 24-hour period closed at -$29,944, confirming that selling pressure outweighed buying over the full day. Net buying occurred in only 14 of the 24 hours, suggesting inconsistent momentum. The spot volume recorded was $13,092,881 across 189,424 trades.
The latest daily buy ratio of 49.4% sits at the 56th percentile of the last 322 days, against a median of 48.8% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for LINK, averaged over the days leading up to the story.
Compared to the preceding week, today's volume is 0.36 times the 7-day average, marking a significantly quieter trading day. The 7-day average buy ratio was 50.5%, making today's 49.9% ratio slightly lower by 0.6 points. Over the past eight days, the price has dropped 15.3%, with a total volume delta of +$4,841,531 recorded for that period. Net buying occurred on only 4 of the last 7 days, indicating a broader trend of hesitation. This day represents a continuation of lower volume relative to the weekly norm.