SUIUSDT Over the past 1 hours, the price fell by 5.9%, while Binance open interest declined by 5.7%
BIBIBI
AT A GLANCE
SUIUSDT The price and Binance open interest declined in tandem within 3600 seconds.
Article
🇨🇳 🔻 [SUIUSDT] Binance open interest -5.7%; price fell 5.9% over the past 3600 seconds; open interest: 132000000 USD; open interest-to-market capitalization ratio: 3.1%; 24-hour price change: -9.3%
🇺🇸 🔻 [SUIUSDT] Binance openinterest -5.7%, Price -5.9% in the past 3600 seconds, OI: $132.0M, OI/Marketcap ratio: 3.1%, 24H Price Change: -9.3%
💰 Market Cap
SUI MarketCap: 4.3B
Key points
01
SUIUSDT Over the past 3600 seconds, the price fell by 5.9%。
02
Binance open interest declined 5.7%, at 132000000 USD。
03
The open interest-to-market capitalization ratio was 3.1%.
04
SUIUSDT 24 the hourly price change was -9.3%。
05
SUI the market capitalization was 4300000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
As the price declined, the number of outstanding contracts also decreased, indicating that the size of contract positions is contracting; however, these data cannot confirm which type of trader is closing or covering positions.
Why it matters to readers
The price and contract positions declined in tandem, indicating weak short-term market performance; however, this set of data alone cannot determine the subsequent direction.
Open interest represents the size of contracts in the market that have not yet been closed; a decline does not mean that the price will necessarily continue to fall.
Risks and unknowns
The evidence alone cannot confirm whether the decline in open interest resulted from long position closures, short covering, or spot trading activity.
The evidence does not provide the exchange's original page or independent cross-verification.
The subsequent price trend cannot be confirmed based on this information.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.