QUSDT Over the past 1 hours, it fell 20.9%, and Binance open interest decreased 10.0%to 29400000 USD
BIBIBI
AT A GLANCE
QUSDT Over the past 3600 seconds, the price fell 20.9%, while Binance open interest decreased 10.0%。
Article
🇨🇳 🔻 [QUSDT] Binance open interest -10.0%; price fell 20.9% over the past 3600 seconds; open interest: 29400000 USD; open interest-to-market capitalization ratio: 3.9%; 24-hour price change: -3.3%
🇺🇸 🔻 [QUSDT] Binance openinterest -10.0%, Price -20.9% in the past 3600 seconds, OI: $29.4M, OI/Marketcap ratio: 3.9%, 24H Price Change: -3.3%
Key points
01
QUSDT Over the past 3600 seconds, the price fell 20.9%。
02
Binance open interest decreased by 10.0%.
03
Open interest was 29400000 USD.
04
The open interest-to-market capitalization ratio was 3.9%.
05
24-hour price change was -3.3%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the total volume of outstanding, unsettled contract positions. The original text indicates that QUSDT while the price declined significantly in the short term, Binance open interest also decreased, indicating a contraction in outstanding position size; these data alone cannot determine the specific cause or subsequent direction.
Why it matters to readers
A simultaneous short-term decline in price and open interest is a market-volatility signal that warrants attention; however, this is only a single monitoring data point and should not be used alone as a basis for buying or selling.
Beginners may focus on whether the price continues to fluctuate and whether open interest continues to change, and should avoid making trading decisions based solely on a single short-term data point.
Risks and unknowns
The original text does not specify the data collection time, calculation methodology, or update frequency.
The data come from a single monitoring message and have not yet been cross-verified by other sources.
The original text does not explain the reasons for the declines in price and open interest.
The subsequent price direction cannot be confirmed based on this.
Related Developments
Loading event timeline…
Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.