MUBARAKUSDT 1 fell over the hour 9.6%, while Binance open interest fell 5.3%
BIBIBI
AT A GLANCE
MUBARAKUSDT Over the past 3600 seconds, the price fell 9.6%, while Binance open interest fell by 5.3%。
Article
🇨🇳 🔻 [MUBARAKUSDT] Binance open interest -5.3%; price fell 9.6% over the past 3600 seconds; open interest: 26200000 USD; open interest-to-market capitalization ratio: 32.8%; 24-hour price change: -3.6%
🇺🇸 🔻 [MUBARAKUSDT] Binance openinterest -5.3%, Price -9.6% in the past 3600 seconds, OI: $26.2M, OI/Marketcap ratio: 32.8%, 24H Price Change: -3.6%
💰 Market Cap
MUBARAK MarketCap: 79.1M
Key points
01
MUBARAKUSDT Over the past 3600 seconds, the price fell 9.6%。
02
Binance open interest decreased by 5.3%.
03
Open interest was 26200000 USD.
04
The open interest-to-market capitalization ratio was 32.8%.
05
24 The hourly price change was -3.6%。
06
MUBARAK The market capitalization was 79100000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the total amount of unsettled contract positions. The source text indicates that as the MUBARAKUSDT price fell over a short period, Binance open interest also decreased; these figures describe the price and contract data at that time, but cannot on their own explain the reason for the decline or subsequent trends.
Why it matters to readers
The price and open interest both declined significantly over a short period, indicating that the trading pair was experiencing substantial price volatility at the time and that the size of contract positions was also changing. This warrants continued observation.
Beginners can view this as a volatility risk alert and should not determine a trading direction based solely on a single set of monitoring data.
Risks and unknowns
The source text does not include Binance's raw data or independent cross-verification.
The data collection timestamp, statistical methodology, and subsequent changes cannot be confirmed from the source text.
A causal relationship between the price decline and the decrease in open interest cannot be confirmed.
The source text does not provide trading volume, liquidation data, or information indicating that the price has stopped falling.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.