AKE decline continued: down 21.8% over 1 hour as Binance open interest reached 20300000 USD
BIBIBI
AT A GLANCE
AKEUSDT fell sharply over a short period while Binance open interest increased 14.3%.
Article
🇨🇳 🔻 [AKEUSDT] Binance open interest +14.3%; price fell 21.8% over the past 3600 seconds; open interest: 20300000 USD; open interest-to-market capitalization ratio: 2.1%; 24-hour price change: -45.7%
🇺🇸 🔻 [AKEUSDT] Binance openinterest +14.3%, Price -21.8% in the past 3600 seconds, OI: $20.3M, OI/Marketcap ratio: 2.1%, 24H Price Change: -45.7%
💰 Market Cap
AKE MarketCap: 1B
Key points
01
AKEUSDT fell 21.8% over the past 3600 seconds.
02
Binance open interest increased by 14.3%.
03
Open interest was 20300000 USD.
04
The open interest-to-market capitalization ratio was 2.1%.
05
The 24-hour price change was -45.7%.
06
The source listed AKE market capitalization as 1B.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This monitoring item showed that the value of unsettled contracts increased while the AKEUSDT price fell substantially. It described simultaneous changes in price and open interest without establishing causation.
Why it matters to readers
The sharp price movement and increase in open interest make changes in the pair's contract data and price worth monitoring, but the source was insufficient to determine the subsequent direction.
Beginners should note that these figures are market monitoring indicators and do not represent buy, sell, or price-reversal signals.
Risks and unknowns
The source did not describe the calculation method, sampling source, or accuracy of the data.
AKE MarketCap: 1B did not specify a denomination currency.
The source did not establish the reason for the increase in open interest alongside the price decline.
This information alone cannot determine whether AKEUSDT would continue to fall or rebound.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.