ETCUSDT fell 6.0% over the past 1 hour as Binance open interest decreased 5.8%

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🇨🇳 🔻 [ETCUSDT] Binance open interest -5.8%; price fell 6.0% over the past 3600 seconds; open interest: 26700000 USD; open interest-to-market capitalization ratio: 1.8%; 24-hour price change: -1.6% 🇺🇸 🔻 [ETCUSDT] Binance openinterest -5.8%, Price -6.0% in the past 3600 seconds, OI: $26.7M, OI/Marketcap ratio: 1.8%, 24H Price Change: -1.6%

💰 Market Cap ETC MarketCap: 1.5B

Key points

ETCUSDT open interest on Binance decreased 5.8%.
ETCUSDT fell 6.0% over the past 3600 seconds.
Open interest was 26700000 USD, an exact displayed value of $26.7M compared with approximately 26000000 USD.
The open interest-to-market capitalization ratio was 1.8%.
The ETCUSDT price changed -1.6% over the past 24 hours.
ETC market capitalization was 1500000000 USD.

AI-assisted interpretation

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

Open interest is the value of contracts that remain open. The data showed that open interest also declined while the ETCUSDT price fell.

Why it matters to readers

This monitoring item presents short-term price changes, open interest, and market capitalization and can help describe the state of ETCUSDT market data.

Beginners can understand open interest as the total value of contracts that have not ended; a decline does not mean the data established a specific cause.

Risks and unknowns

The data did not explain the specific causes of the changes in price and open interest.
The data did not state whether it represented the entire market or Binance alone.
The data did not provide a collection methodology or independent verification.

ETCUSDT fell 6.0% over the past 1 hour as Binance open interest decreased 5.8%

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