INJUSDT Over the past 1 hours, it fell by 8.6%, while Binance open interest declined by 5.6%
BIBIBI
AT A GLANCE
Monitoring indicates that INJUSDT past 3600 seconds, fell 8.6%, Binance's open interest fell 5.6%to 23500000 USD。
Article
🇨🇳 🔻 [INJUSDT] Binance open interest -5.6%; price fell 8.6% over the past 3600 seconds; open interest: 23500000 USD; open interest-to-market capitalization ratio: 3.2%; 24-hour price change: -6.8%
🇺🇸 🔻 [INJUSDT] Binance openinterest -5.6%, Price -8.6% in the past 3600 seconds, OI: $23.5M, OI/Marketcap ratio: 3.2%, 24H Price Change: -6.8%
💰 Market Cap
INJ MarketCap: 739M
Key points
01
INJUSDT Over the past 3600 seconds, the price fell by 8.6%。
02
Binance open interest decreased by 5.6%.
03
Open interest was 23500000 USD.
04
The open interest-to-market capitalization ratio was 3.2%.
05
24-hour price change was -6.8%。
06
INJ The market capitalization was 739000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the total amount of outstanding contract positions that have not yet been settled. The original text shows that INJUSDT while the price fell, Binance open interest also declined, indicating that the scale of outstanding positions recorded at the time of monitoring decreased; the original text does not specify the reason.
Why it matters to readers
Synchronous changes in price and open interest can be used to observe short-term market activity, but this data alone cannot determine the subsequent price direction or prove which trading activity caused the reduction in positions.
Beginners may view this as a short-term market monitoring signal and continue to observe whether changes in price and open interest persist; it is not advisable to make trading decisions based on this data point alone.
Risks and unknowns
The data come from the provided monitoring message; the original text does not provide Binance primary data that can be independently verified.
The original text does not specify the data collection method, statistical methodology, or update-time margin of error.
The specific cause or future trend cannot be confirmed solely from declines in price and open interest.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.