XANUSDT In the past 1 hours, it rose 10.9%, while Binance open interest increased 8.3%
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AT A GLANCE
XANUSDT In the past 3600 seconds, the price rose 10.9%, while Binance open interest increased 8.3%。
Article
🇨🇳 🟢 [XANUSDT] Binance open interest +8.3%; price rose 10.9% over the past 3600 seconds; open interest: 2300000 USD; open interest-to-market capitalization ratio: 8.3%; 24-hour price change: +30.9%
🇺🇸 🟢 [XANUSDT] Binance openinterest +8.3%, Price +10.9% in the past 3600 seconds, OI: $2.3M, OI/Marketcap ratio: 8.3%, 24H Price Change: +30.9%
💰 Market Cap
XAN MarketCap: 25.4M
Key points
01
The monitoring text states that XANUSDT open interest on Binance increased 8.3%。
02
In the past 3600 seconds,XANUSDT the price rose 10.9%。
03
Open interest was 2300000 USD, and the open-interest-to-market-cap ratio was 8.3%。
04
24 The hourly price change was +30.9%。
05
The XAN market capitalization listed in the text was 25400000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest refers to the size of contracts that have not yet been closed. Here, both price and open interest rose, indicating notable market trading activity and changes in contract positions during this period, but this does not necessarily mean that the price will continue to rise.
Why it matters to readers
The short-term price gain is relatively large, and open contract positions have increased simultaneously, potentially leading to higher volatility going forward.
Beginners should note that an increase in open interest does not necessarily indicate a bullish outlook; after a rapid price increase, the risk of a pullback may also rise.
Risks and unknowns
The evidence comes from a monitoring channel and does not include a link to Binance's original exchange data.
This data alone cannot determine whether the increase was driven primarily by long or short positions.
It cannot be confirmed whether the data will be revised later.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.