Both NILUSDT open interest and price on Binance have increased.
Article
🇨🇳 🟢 [NILUSDT] Binance open interest+10.4%, over the past 3600 seconds, the price rose 18.3%, open interest:14900000 USD, open interest/market capitalization ratio:25.8%,24-hour price change:+61.5% 🇺🇸 🟢 [NILUSDT] Binance openinterest +10.4%, Price +18.3% in the past 3600 seconds, OI: $14.9M, OI/Marketcap ratio: 25.8%, 24H Price Change: +61.5%
💰 Market Cap
NIL MarketCap: 57.9M
Key points
01
Binance open interest increased by 10.4%.
02
Over the past 3600 seconds, the price rose 18.3%。
03
Open interest was 14900000 USD.
04
The open interest-to-market capitalization ratio was 25.8%.
05
24-hour price change was+61.5%。
06
NIL market capitalization is 57900000 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 information shows that NILUSDT contract volume and price both increased during the relevant period.
Why it matters to readers
Changes in contract size and price can help newcomers observe market activity, but the information does not explain the reason for the increase or the subsequent trend.
This is a market-monitoring alert; it does not constitute a recommendation to buy and cannot by itself demonstrate that the price will continue to rise.
Risks and unknowns
The information does not explain the reason for the price increase.
The information does not indicate whether the increase in open interest corresponds to long or short positions.
The information does not indicate whether these data have been independently verified.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.