ONUSDT fell 10.2% over the past 1 hour, and Binance open interest increased 12.8% to 11200000 USD.
BIBIBI
AT A GLANCE
ONUSDT's price fell 10.2% over the past 3600 seconds, while Binance open interest increased 12.8%.
Article
🇨🇳 🔻 [ONUSDT] Binance open interest +12.8%; price fell 10.2% over the past 3600 seconds; open interest: 11200000 USD; open interest-to-market capitalization ratio: 0.0%; 24-hour price change: +25.7%
🇺🇸 🔻 [ONUSDT] Binance openinterest +12.8%, Price -10.2% in the past 3600 seconds, OI: $11.2M, OI/Marketcap ratio: 0.0%, 24H Price Change: +25.7%
Key points
01
Binance ONUSDT open interest increased by 12.8%.
02
In the past 3600 seconds, ONUSDT price dropped by 10.2%.
03
The open interest is 11200000 USD (11200000 USD).
04
The open interest-to-market capitalization ratio was 0.0%.
05
The 24-hour price change is +25.7%.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The data shows that ONUSDT's short-term price fell while open interest increased. Open interest refers to the size of contracts that have not yet been closed.
Why it matters to readers
A short-term price decline occurring alongside an increase in contract size may mean that short-term market volatility is worth watching, but this information alone cannot confirm the subsequent trend.
Beginners can first distinguish between price changes and changes in open interest, and should not judge the direction of rises or falls based on a single piece of monitoring information alone.
Risks and unknowns
The information comes from a Telegram monitoring message; the evidence does not provide independent verification results from Binance's official API.
The evidence does not indicate whether the increase in open interest corresponds to long or short positions.
The evidence does not provide funding rates, liquidation volumes, or subsequent price data.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.