HOT rose by 12.7% over the past 1 hour, and Binance open interest increased by 42.9%.
BIBIBI
AT A GLANCE
Binance HOTUSDT contract open interest surged 42.9%, the price rose 12.7% in the short term, and market capitalization was 73100000 USD.
Article
🇨🇳 🟢 [HOTUSDT] Binance open interest +42.9%; price rose 12.7% over the past 3600 seconds; open interest: 2500000 USD; open interest-to-market capitalization ratio: 3.0%; 24-hour price change: +12.4%
🇺🇸 🟢 [HOTUSDT] Binance openinterest +42.9%, Price +12.7% in the past 3600 seconds, OI: $2.5M, OI/Marketcap ratio: 3.0%, 24H Price Change: +12.4%
💰 Market Capitalization
HOT MarketCap: 73.1M
Key points
01
HOTUSDT open interest on Binance increased by 42.9%
02
The price rose 12.7% over the past 3600 seconds
03
Current open interest was 2500000 USD
04
The open interest-to-market capitalization ratio was 3.0%
05
The 24-hour price change was +12.4%
06
The HOT market-capitalization resource basket was 73.1M
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a monitoring alert about trading data for the HOT cryptocurrency on Binance. It shows that HOT contract positions, or open interest, rose sharply in a short period while the price also rose notably over the past 1 hour. Open interest represents the total value of contracts that remain open; an increase usually means greater market participation or speculative interest.
Why it matters to readers
The rapid increase in open interest alongside a price rise may indicate strong bullish sentiment or large capital entering the market, but it may also signal higher volatility. Beginners should be aware of the risks from high volatility.
This helps beginners understand how open interest reflects market activity and what it can mean when price and positions rise together.
Risks and unknowns
The specific driver of the price rise is not stated
No specific background or technical analysis of the HOT project is provided
The data are only a momentary snapshot and may change rapidly
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.