RSRUSDT past 1-hour increase 10.5%, Binance open interest increased by 14.4%
BIBIBI
AT A GLANCE
RSRUSDT The price and Binance open interest rose in tandem over the short term.
Article
🇨🇳 🟢 [RSRUSDT] Binance open interest +14.4%; price rose 10.5% over the past 3600 seconds; open interest: 6400000 USD; open interest-to-market capitalization ratio: 6.4%; 24-hour price change: +14.4%
🇺🇸 🟢 [RSRUSDT] Binance openinterest +14.4%, Price +10.5% in the past 3600 seconds, OI: $6.4M, OI/Marketcap ratio: 6.4%, 24H Price Change: +14.4%
💰 Market Cap
RSR MarketCap: 100.9M
Key points
01
RSRUSDT past 3600-second price increase 10.5%。
02
Binance RSRUSDT open interest increased by 14.4%, reaching 6400000 USD。
03
RSRUSDT The ratio of open interest to market capitalization is 6.4%。
04
RSRUSDT with a 24-hour price change of +14.4%。
05
RSR Market capitalization is 100900000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest represents the size of contracts that have not yet been closed. Here, the simultaneous increase in price and open interest indicates increased market activity during this period, but this information alone cannot determine the subsequent price direction.
Why it matters to readers
Short-term price volatility and changes in contract open interest occurred simultaneously, making it appropriate to continue observing whether the price and open interest continue in the same direction or reverse.
Beginners should note that contract data involves leveraged trading; an increase in open interest does not mean that the price will necessarily continue to rise.
Risks and unknowns
The evidence comes from a single monitoring report, with no independent source provided for verification.
The subsequent direction of the price cannot be determined based solely on these data.
The evidence does not indicate whether the increase in open interest corresponds to long or short positions.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.
A trading method that uses borrowed funds to establish a position larger than the trader’s own capital, thereby amplifying both potential gains and losses.