CFXUSDT past 1 hours, rising 10.3%, while Binance open interest increased 21.5%to 10500000 USD

AT A GLANCE

The monitoring post stated that CFXUSDT short-term price and Binance open interest rose simultaneously, with an 24 hourly price increase of 21.0%。

Article

🇨🇳 🟢 [CFXUSDT] Binance open interest +21.5%; price rose 10.3% over the past 3600 seconds; open interest: 10500000 USD; open interest-to-market capitalization ratio: 3.5%; 24-hour price change: +21.0% 🇺🇸 🟢 [CFXUSDT] Binance openinterest +21.5%, Price +10.3% in the past 3600 seconds, OI: $10.5M, OI/Marketcap ratio: 3.5%, 24H Price Change: +21.0%

💰 Market Cap CFX MarketCap: 301.8M

Key points

CFXUSDT Over the past 3600 seconds, the price rose 10.3%。
Binance open interest increased by 21.5%.
Open interest was 10500000 USD.
The open interest-to-market capitalization ratio was 3.5%.
24 The hourly price change was +21.0%。
The CFX listed in the article had a market capitalization of 301.8M。

AI-assisted interpretation

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

Open interest is the size of contracts that have not yet been settled. The post shows that CFXUSDT as the price rose, Binance open interest also increased, indicating that the amount of funds in unsettled contracts expanded at that time; however, these figures alone cannot indicate whether the price will continue rising or reverse lower.

Why it matters to readers

Rapid simultaneous changes in price and open interest may indicate increased short-term trading activity and derivatives exposure; subsequent price volatility warrants attention.

Beginners can treat this as a short-term market and derivatives activity alert, and should not determine the direction based solely on this snapshot; they can continue observing whether the price and open interest maintain the same direction of movement.

Risks and unknowns

The data came from a monitoring post; the original text did not provide a Binance primary data page or independent source for cross-verification.
The original text did not specify whether the increase in open interest came from long or short positions.
A single data snapshot cannot confirm the subsequent price direction.
The original text did not provide other indicators such as funding rates or trading volume.
“301.8M”'s denomination unit was not explicitly specified in the original text.

CFXUSDT past 1 hours, rising 10.3%, while Binance open interest increased 21.5%to 10500000 USD

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