SOXLUSDT Past 1 hours rose 4.4%, while Binance open interest declined 11.7%
BIBIBI
AT A GLANCE
SOXLUSDT a short-term rise, but open interest and the 24-hour price continued to decline.
Article
🇨🇳 🟢 [SOXLUSDT] Binance open interest -11.7%; price rose 4.4% over the past 3600 seconds; open interest: 223700000 USD; open interest-to-market capitalization ratio: 0.0%; 24-hour price change: -10.7%
🇺🇸 🟢 [SOXLUSDT] Binance openinterest -11.7%, Price +4.4% in the past 3600 seconds, OI: $223.7M, OI/Marketcap ratio: 0.0%, 24H Price Change: -10.7%
SOXL
Key points
01
Binance open interest decreased by 11.7%.
02
Over the past 3600 seconds, the price rose 4.4%。
03
Open interest was 223700000 USD.
04
The open interest-to-market capitalization ratio was 0.0%.
05
24-hour period, with the price change at -10.7%。
06
The data mentioned the trading pair SOXLUSDT。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The data shows that SOXLUSDT approximately the past 1 hours, the price rose 4.4%, but 24 the price still fell over the 10.7%-hour period; during the same period, Binance open interest declined by 11.7%, with the value at 223700000 USD。
Why it matters to readers
A short-term price increase occurred alongside a decline in open interest, but this data alone cannot confirm whether the subsequent trend reversed.
This can be understood as follows: the price rebounded over the short term, but over the longer 24-hour interval it was still declining, and the market state remains unclear.
Risks and unknowns
The data came from a single monitoring channel and was not independently verified by the exchange.
This data alone cannot confirm the specific reasons for the price increase or the decline in open interest.
It cannot be confirmed whether the price and open interest will continue their current changes.
Related Developments
Loading event timeline…
Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.