GTCUSDT Over the past 1 hours, the price rose 12.3%, while Binance open interest increased 10.3%
BIBIBI
AT A GLANCE
GTCUSDT The price and Binance open interest rose simultaneously in the short term.
Article
🇨🇳 🟢 [GTCUSDT] Binance open interest +10.3%; price rose 12.3% over the past 3600 seconds; open interest: 11500000 USD; open interest-to-market capitalization ratio: 39.5%; 24-hour price change: +63.4%
🇺🇸 🟢 [GTCUSDT] Binance openinterest +10.3%, Price +12.3% in the past 3600 seconds, OI: $11.5M, OI/Marketcap ratio: 39.5%, 24H Price Change: +63.4%
💰 Market Cap
GTC MarketCap: 28.9M
Key points
01
GTCUSDT Over the past 3600 seconds, the price rose 12.3%。
02
Binance open interest increased 10.3%, reaching 11500000 USD。
03
The open interest-to-market capitalization ratio was 39.5%.
04
GTCUSDT Over the past 24 hours, the price rose 63.4%。
05
GTC Market capitalization was 28900000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest represents the volume of contracts that remain open. The data show that GTCUSDT over the past 3600 seconds, the price rose while open interest also increased; this reflects synchronized changes in market data during this period, but these data alone cannot determine the reason for the increase or the subsequent direction.
Why it matters to readers
Both the short-term price gain and the increase in open interest were notable; subsequent changes in price and contract volume warrant attention.
For beginners, this can be understood as follows: as the price rises, the volume of contracts in the market that have not yet been closed also increases, but this does not mean the price will necessarily continue to rise.
Risks and unknowns
The information comes from a single monitoring source and has not been independently cross-verified.
The evidence does not explain the reason for the price increase.
The evidence does not indicate the long/short direction or whether concentrated liquidations occurred.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.