NIL Price and open interest rose sharply in tandem
BIBIBI
AT A GLANCE
NILUSDT Price and Binance open interest rose in tandem, with 24-hour price change was +29.3%。
Article
🇨🇳 🟢 [NILUSDT] Binance open interest +11.4%, over the past 3600 seconds, the price rose 12.7%, open interest: 4700000 USD, open interest-to-market-cap ratio: 14.9%,24-hour price change: +29.3% 🇺🇸 🟢 [NILUSDT] Binance openinterest +11.4%, Price +12.7% in the past 3600 seconds, OI: $4.7M, OI/Marketcap ratio: 14.9%, 24H Price Change: +29.3%
💰 Market Cap
NIL MarketCap: 31.3M
Key points
01
Binance NILUSDT Open interest increased by 11.4%。
02
Over the past 3600 seconds,NILUSDT price rose by 12.7%。
03
Open interest was 4700000 USD.
04
The open interest-to-market capitalization ratio was 14.9%.
05
24-hour price change was +29.3%。
06
NIL Market capitalization is 31300000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This monitoring information shows that NILUSDT the price has risen recently, while open interest in Binance-related contracts has also increased. Open interest is the size of contracts that have not yet been settled; its ratio to market capitalization shows the share of that size relative to NIL market capitalization.
Why it matters to readers
Price, open interest, and their ratio to market capitalization collectively reflect NILUSDT current price movements and contract size, and can be used to observe short-term market activity.
Beginners can view this as a short-term market alert, but these figures alone cannot indicate whether the price will continue to rise or fall.
Risks and unknowns
The original text does not specify the precise time when the data was collected or the calculation methodology.
The original text does not specify whether there is a causal relationship between the increase in open interest and the price rise.
The original text does not provide other sources for verifying these data.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.