CTKUSDT Past 1-hour decline 13.0%, Binance open interest increased by 28.8%
BIBIBI
AT A GLANCE
CTKUSDT As the price fell, Binance open interest rose.
Article
🇨🇳 🔻 [CTKUSDT] Binance open interest +28.8%; price fell 13.0% over the past 3600 seconds; open interest: 1000000 USD; open interest-to-market capitalization ratio: 4.4%; 24-hour price change: -15.2%
🇺🇸 🔻 [CTKUSDT] Binance openinterest +28.8%, Price -13.0% in the past 3600 seconds, OI: $1.0M, OI/Marketcap ratio: 4.4%, 24H Price Change: -15.2%
💰 Market Cap
CTK MarketCap: 21.8M
Key points
01
Evidence shows that CTKUSDT over the past 3600 seconds, the price fell by 13.0%。
02
Evidence shows that Binance's CTKUSDT open interest increased 28.8%, reaching 1000000 USD。
03
Evidence shows that the open interest-to-market capitalization ratio was 4.4%。
04
Evidence shows that CTK's 24-hour price change was -15.2%, with a market capitalization of 21800000 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 settled. Here, the price fell while open interest rose, indicating simultaneous changes in the price and derivatives markets; this evidence alone cannot determine which side, long or short, had the advantage.
Why it matters to readers
The price fell sharply over a short period, while open interest increased simultaneously. Traders should monitor whether the price and contract size continue to change.
Beginners can first distinguish between two indicators: price reflects the market quotation, while open interest reflects the size of contracts that have not yet been settled; neither can independently determine future price movements.
Risks and unknowns
The evidence comes from a market-monitoring channel and does not provide independent exchange or on-chain raw data for cross-verification.
The evidence does not specify the proportions of longs or shorts among the newly added open interest.
The evidence does not provide liquidation, spot-buying, or fundamental information.
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Related concepts
Open Interest
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