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KORUUSDT As the price fell, Binance open interest increased 8.9%to 68700000 USD。
🇨🇳 🔻 [KORUUSDT] Binance open interest +8.9%; price fell 4.9% over the past 3600 seconds; open interest: 68700000 USD; open interest-to-market capitalization ratio: 0.0%; 24-hour price change: -3.7% 🇺🇸 🔻 [KORUUSDT] Binance openinterest +8.9%, Price -4.9% in the past 3600 seconds, OI: $68.7M, OI/Marketcap ratio: 0.0%, 24H Price Change: -3.7%
KORU
Over the past 3600 seconds,KORUUSDT the price fell 4.9%。
Binance open interest increased by 8.9%.
Open interest was 68700000 USD.
The open interest-to-market capitalization ratio was 0.0%。
24 The hourly price change was -3.7%。
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. The monitoring data here states that KORUUSDT as the price fell, open interest rose, indicating that the amount of unsettled contract positions in the market increased, but the data does not indicate whether the new positions are long or short.
A simultaneous significant change in price and open interest may be accompanied by greater short-term volatility; however, these figures alone cannot determine the subsequent price direction.
Beginners can view this as a warning of volatility risk and should not determine whether to buy or sell solely based on an increase in open interest.
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View glossary →A trader establishes a corresponding directional position in a contract in anticipation of the underlying asset’s price rising.
View glossary →A trader establishes a corresponding-direction contract position in anticipation of the underlying asset’s price falling.
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