USTC rose by 13.4% over the past 1 hour, and Binance open interest increased by 16.3%.

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🇨🇳 🟢 [USTCUSDT] Binance open interest+16.3%, over the past 3600 seconds, the price increased 13.4%, open interest:1400000 USD, open interest-to-market-cap ratio:4.6%，24-hour price change:+10.2% 🇺🇸 🟢 [USTCUSDT] Binance openinterest +16.3%, Price +13.4% in the past 3600 seconds, OI: $1.4M, OI/Marketcap ratio: 4.6%, 24H Price Change: +10.2%

💰 Market Cap USTC MarketCap: 30.6M

Key points

USTCUSDT open interest on Binance increased 16.3%。
Over the past 3600 seconds, the price increased 13.4%。
Open interest was 1400000 USD.
The open interest-to-market capitalization ratio was 4.6%.
24-hour price change was+10.2%。
USTC market capitalization is 30600000 USD。

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

Open interest (OI) represents the volume of contracts that remain open; this report also provides OI, price, and market capitalization data.

Why it matters to readers

Reports indicate that, over the past 3600 seconds, both open interest and price for the trading pair increased, which may help readers track changes in market activity.

Beginners can understand OI as the volume of contracts that have not yet closed and observe it alongside price changes.

Risks and unknowns

The report does not state whether there is a causal relationship between price changes and changes in open interest.
This report alone cannot confirm data accuracy, market direction, or subsequent price movements.

USTC rose by 13.4% over the past 1 hour, and Binance open interest increased by 16.3%.

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