MEWUSDT rose by 13.5% over the past 1 hour, while Binance open interest increased by 51.6% to 2000000 USD

AT A GLANCE

MEWUSDT The price and Binance open interest rose in tandem, but these data alone cannot determine whether the market direction is long or short.

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🇨🇳 🟢 [MEWUSDT] Binance open interest +51.6%; price rose 13.5% over the past 3600 seconds; open interest: 2000000 USD; open interest-to-market capitalization ratio: 4.1%; 24-hour price change: +14.4% 🇺🇸 🟢 [MEWUSDT] Binance openinterest +51.6%, Price +13.5% in the past 3600 seconds, OI: $2.0M, OI/Marketcap ratio: 4.1%, 24H Price Change: +14.4%

💰 Market Cap MEW MarketCap: 42.6M

Key points

MEWUSDT Binance open interest increased by 51.6%。
Over the past 3600 seconds,MEWUSDT the price rose by 13.5%。
Open interest was 2000000 USD.
The open interest-to-market capitalization ratio was 4.1%.
24-hour price change was +14.4%。
MEW market capitalization is 42600000 USD。

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

Open interest represents the size of contracts that have not yet been settled. The original text shows that MEWUSDT while the price rose, Binance open interest also increased significantly, indicating that contract participation is expanding; these figures alone cannot show whether the newly added positions are predominantly long or short.

Why it matters to readers

A rapid simultaneous rise in price and open interest indicates increased short-term market activity and contract exposure; subsequent price volatility may warrant attention.

Beginners should not interpret rising open interest as meaning that prices will inevitably continue to rise; it only indicates an increase in the size of contracts that remain open and cannot independently confirm trading direction.

Risks and unknowns

The data come from a monitoring channel; the original text does not provide a Binance source-data page or other sources for verification.
The original text does not specify whether the increase in open interest came from longs or shorts.
The original text does not provide funding-rate, trading-volume, or long/short position data.
The original text does not specify the exact time at which these data were collected.

MEWUSDT rose by 13.5% over the past 1 hour, while Binance open interest increased by 51.6% to 2000000 USD

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