1000PEPEUSDT Over the past 1 hours, down 2%, Binance open interest fell 2%
BIBIBI
AT A GLANCE
1000PEPEUSDT over the past 3600 seconds, price fell 2.0%, while Binance open interest also declined 2.0%。
Article
🇨🇳 🔻 [1000PEPEUSDT] Binance open interest -2.0%; price fell 2.0% over the past 3600 seconds; open interest: 111200000 USD; open interest-to-market capitalization ratio: 5.3%; 24-hour price change: -1.3%
🇺🇸 🔻 [1000PEPEUSDT] Binance openinterest -2.0%, Price -2.0% in the past 3600 seconds, OI: $111.2M, OI/Marketcap ratio: 5.3%, 24H Price Change: -1.3%
Key points
01
1000PEPEUSDT over the past 3600 seconds, price fell 2.0%。
02
Binance open interest decreased by 2.0%.
03
Open interest was 111200000 USD.
04
The open interest-to-market capitalization ratio was 5.3%.
05
24-hour price change was -1.3%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the size of contracts that have not yet been settled. Here, both the price and open interest declined, indicating that as the price weakened, the size of unsettled contracts also shrank; however, this data alone cannot confirm the subsequent direction or specific cause.
Why it matters to readers
Synchronous changes in price and open interest can be used to observe short-term market and contract-position changes, but this is only a single monitoring data point.
Beginners can continue to observe whether the price and open interest continue to decline, and avoid treating a single short-term change directly as a trading signal.
Risks and unknowns
The evidence does not provide Binance's original API data or other independent verification records.
The evidence cannot confirm the reason for the decline in price and open interest.
A single data point is insufficient to determine the subsequent price direction.
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Related concepts
Open Interest
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