Binance SNDKUSDT 1 hour price rises 2.1%, while open interest declines 4.6%
BIBIBI
AT A GLANCE
SNDKUSDT The price rose, while Binance open interest declined.
Article
🇨🇳 🟢 [SNDKUSDT] Binance open interest -4.6%; price rose 2.1% over the past 3600 seconds; open interest: 231900000 USD; open interest-to-market capitalization ratio: 0.5%; 24-hour price change: +3.5%
🇺🇸 🟢 [SNDKUSDT] Binance openinterest -4.6%, Price +2.1% in the past 3600 seconds, OI: $231.9M, OI/Marketcap ratio: 0.5%, 24H Price Change: +3.5%
💰 Market Cap
SNDK MarketCap: 50B
Key points
01
Binance SNDKUSDT open interest declined 4.6%。
02
Over the past 3600 seconds, the price rose 2.1%。
03
Open interest was 231900000 USD.
04
The open interest-to-market capitalization ratio was 0.5%.
05
24 The price change over the past hour was +3.5%。
06
SNDK Market capitalization is listed as 50000000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a derivatives-market monitoring snapshot: over the indicated past 3600 seconds,SNDKUSDT the price rose while open interest declined. Open interest represents the size of contracts that remain open.
Why it matters to readers
Concurrent changes in price and open interest can be used to observe changes in market positioning, but this snapshot alone cannot indicate which specific type of position changed.
Beginners can first focus on indicators: whether the price is rising and whether open interest is increasing or declining; these figures alone cannot determine subsequent price movements.
Risks and unknowns
The original text does not specify which type of position change corresponded to the decline in open interest.
The original text does not provide an exchange source page that would allow these data to be independently verified.
The labels for a market capitalization of and the open interest-to-market-capitalization ratio 0.5%cannot be further verified based on the original text alone.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.