MAGICUSDT Past 1 hours, fell 24.6%, Binance open interest decreased 21.3%
BIBIBI
AT A GLANCE
MAGICUSDT Past 3600 seconds, price fell 24.6%, and open interest declined 21.3%。
Article
🇨🇳 🔻 [MAGICUSDT] Binance open interest -21.3%; price fell 24.6% over the past 3600 seconds; open interest: 15700000 USD; open interest-to-market capitalization ratio: 42.2%; 24-hour price change: +38.1%
🇺🇸 🔻 [MAGICUSDT] Binance openinterest -21.3%, Price -24.6% in the past 3600 seconds, OI: $15.7M, OI/Marketcap ratio: 42.2%, 24H Price Change: +38.1%
💰 Market Cap
MAGIC MarketCap: 47.9M
Key points
01
Binance MAGICUSDT open interest declined 21.3%。
02
Past 3600 seconds, price fell 24.6%。
03
Open interest was 15700000 USD.
04
The open interest-to-market capitalization ratio was 42.2%.
05
24 The price change over the past +38.1%。
06
MAGIC The market capitalization is 47900000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest represents the size of contract positions that have not yet been closed. This information shows that, over a short period, both the price and open interest declined, but the 24-hour price is still rising.
Why it matters to readers
The price has fallen sharply over a short period, while the size of contract positions has also decreased, indicating that the market is changing rapidly and that short-term volatility risk warrants attention.
Beginners should distinguish between the short-term decline and the 24-hour increase; the two cover different time periods and cannot be directly substituted for each other.
Risks and unknowns
The information comes from the monitoring channel link in the evidence; no independent market screenshot or original exchange data was provided for verification.
This information alone cannot confirm the specific reason for the decline in open interest.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.