DOGEUSDT past 1 hour price rose 2.1%, while Binance open interest fell 2.2%
BIBIBI
AT A GLANCE
DOGEUSDT past 1 hours, the price rose 2.1%, but open interest fell 2.2%。
Article
🇨🇳 🟢 [DOGEUSDT] Binance open interest -2.2%; price rose 2.1% over the past 3600 seconds; open interest: 211200000 USD; open interest-to-market capitalization ratio: 1.5%; 24-hour price change: -4.2%
🇺🇸 🟢 [DOGEUSDT] Binance openinterest -2.2%, Price +2.1% in the past 3600 seconds, OI: $211.2M, OI/Marketcap ratio: 1.5%, 24H Price Change: -4.2%
💰 Market Cap
DOGE MarketCap: 14.1B
Key points
01
Binance DOGEUSDT open interest fell 2.2%。
02
past 3600 seconds DOGEUSDT price rose 2.1%。
03
Open interest was 211200000 USD.
04
The open interest-to-market capitalization ratio was 1.5%.
05
DOGEUSDT past 24 hours, the price fell 4.2%。
06
DOGE market capitalization was 14100000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest represents the size of contracts that have not yet been closed. The current price rose over the past 1 hours, but open interest fell, indicating that price changes and contract-size changes moved in opposite directions during this period; these data alone cannot determine the specific cause.
Why it matters to readers
A short-term price increase does not mean that the 24-hour performance has already strengthened, as data shows that over the past 24 hours, the price was still down 4.2%。
You can observe short-term price movements, the 24-hour price, and open interest simultaneously to avoid looking at only a single gain or loss percentage.
Risks and unknowns
The information comes from Telegram monitoring messages, with no independent source cross-verification provided.
The evidence alone cannot determine whether the decline in open interest was caused by short covering, position closure, or another reason.
It cannot be confirmed whether the price increase will continue.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.