SNDKUSDT Over the past 1 hours, it fell 2.3%, while Binance open interest increased 3.9%
BIBIBI
AT A GLANCE
SNDKUSDT Over the past 3600 seconds, it fell 2.3%, while Binance open interest increased 3.9%to 275900000 USD。
Article
🇨🇳 🔻 [SNDKUSDT] Binance open interest +3.9%; price fell 2.3% over the past 3600 seconds; open interest: 275900000 USD; open interest-to-market capitalization ratio: 0.6%; 24-hour price change: -13.9%
🇺🇸 🔻 [SNDKUSDT] Binance openinterest +3.9%, Price -2.3% in the past 3600 seconds, OI: $275.9M, OI/Marketcap ratio: 0.6%, 24H Price Change: -13.9%
💰 Market Cap
SNDK MarketCap: 50B
Key points
01
SNDKUSDT Over the past 3600 seconds, the price fell 2.3%。
02
Binance open interest increased by 3.9%.
03
Open interest was 275900000 USD.
04
The open interest-to-market capitalization ratio was 0.6%.
05
24 The hourly price change was -13.9%。
06
The original text stated that SNDK the market capitalization was 50B。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
While the price declined, the value of outstanding contracts increased, indicating increased derivatives position activity. However, open interest only represents the scale of contracts still open in the market and cannot independently determine whether new positions are long or short.
Why it matters to readers
Both the short-term and 24 hourly prices declined, while contract size increased, indicating that market volatility and changes in leveraged positions warrant attention.
Beginners should treat this set of data as a volatility alert rather than a clear buy or sell signal; price and open interest alone cannot confirm the subsequent direction.
Risks and unknowns
The original text did not specify whether the increase in open interest was long or short.
The original text did not provide funding rates, liquidation data, or subsequent price movements.
The data came from a monitoring channel and were not verified by other sources.
The original text did not explain the currency denomination of the market capitalization “50B”.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.