QNTUSDT rose by 8.6% over the past 1 hour, and Binance open interest increased by 8.1%.
BIBIBI
AT A GLANCE
QNTUSDT Over the past 3600 seconds, it rose 8.6%, and Binance open interest increased 8.1%to 31600000 USD。
Article
🇨🇳 🟢 [QNTUSDT] Binance open interest +8.1%; price rose 8.6% over the past 3600 seconds; open interest: 31600000 USD; open interest-to-market capitalization ratio: 1.2%; 24-hour price change: +89.1%
🇺🇸 🟢 [QNTUSDT] Binance openinterest +8.1%, Price +8.6% in the past 3600 seconds, OI: $31.6M, OI/Marketcap ratio: 1.2%, 24H Price Change: +89.1%
💰 Market Cap
QNT MarketCap: 2.5B
Key points
01
QNTUSDT Over the past 3600 seconds, the price rose 8.6%。
02
Binance QNTUSDT open interest increased 8.1%, reaching 31600000 USD。
03
The open interest-to-market capitalization ratio was 1.2%.
04
QNTUSDT's 24 hour price change was +89.1%。
05
The market capitalization listed in the original text for QNT was 2500000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The simultaneous increase in price and open interest indicates that, during the rapid price rise, the volume of unsettled contracts was also expanding. Open interest reflects the total number of contracts that remain active, but these figures alone cannot determine whether new positions are primarily betting on an increase or a decline.
Why it matters to readers
The significant increase in both price and open interest over a short period indicates that contract participation and price volatility for this trading pair are rising in tandem, and subsequent price movements may attract attention.
Beginners should view this as a volatility alert rather than a buy or sell signal. 24 The hourly price has already changed substantially; open interest alone cannot determine whether the market move will continue.
Risks and unknowns
The original text does not specify the data collection method or the exact time of measurement.
The original text does not provide independent sources to verify these figures.
The proportion of long and short positions among the newly added open interest is not specified.
The reason for the price increase and the rise in open interest is not specified.
This information alone cannot confirm whether the price trend can be sustained.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.