WENUSDT Over the past 1 hours, increased 16.3%, Binance open interest increased 9.7%to 700000 USD
BIBIBI
AT A GLANCE
The monitoring post stated that WENUSDT over the past 3600 seconds, it rose 16.3%, while Binance open interest increased 9.7%。
Article
🇨🇳 🟢 [WENUSDT] Binance open interest +9.7%; price rose 16.3% over the past 3600 seconds; open interest: 700000 USD; open interest-to-market capitalization ratio: 0.0%; 24-hour price change: +13.5%
🇺🇸 🟢 [WENUSDT] Binance openinterest +9.7%, Price +16.3% in the past 3600 seconds, OI: $0.7M, OI/Marketcap ratio: 0.0%, 24H Price Change: +13.5%
💰 Market Cap
WEN MarketCap: 1.4B
Key points
01
WENUSDT Over the past 3600 seconds, the price rose 16.3%。
02
Binance open interest increased by 9.7%.
03
Open interest was 700000 USD.
04
The open interest-to-market capitalization ratio was 0.0%.
05
24-hour price change was +13.5%。
06
WEN The market capitalization is 1400000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This monitoring information indicates that WENUSDT short-term price and open interest rose simultaneously. Open interest refers to the size of unsettled contracts; an increase indicates more unsettled positions, but the original text does not specify the direction of the new positions.
Why it matters to readers
Rapid price changes accompanied by rising open interest indicate that short-term trading activity in this trading pair merits attention, but a single monitoring data point cannot confirm the subsequent trend.
Beginners should distinguish between price gains and open interest: the former reflects price changes, while the latter reflects the size of unsettled contracts; rising open interest does not necessarily mean the price will continue to rise.
Risks and unknowns
The data come from a single monitoring channel; the original text does not provide Binance source data or independent verification.
The original text did not specify whether the increase in open interest came from long or short positions.
The original text does not state whether these readings can be sustained.
The reported open interest-to-market-capitalization ratio was 0.0%, but the calculation method or precision was not explained.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.