SPORTFUNUSDT Past 1-hour price increase 12.5%, while Binance open interest increased 15.6%
BIBIBI
AT A GLANCE
SPORTFUNUSDT Price and Binance open interest rose simultaneously over the past 3600 seconds.
Article
🇨🇳 🟢 [SPORTFUNUSDT] Binance open interest +15.6%; price rose 12.5% over the past 3600 seconds; open interest: 3200000 USD; open interest-to-market capitalization ratio: 3.3%; 24-hour price change: +12.4%
🇺🇸 🟢 [SPORTFUNUSDT] Binance openinterest +15.6%, Price +12.5% in the past 3600 seconds, OI: $3.2M, OI/Marketcap ratio: 3.3%, 24H Price Change: +12.4%
💰 Market Cap
SPORTFUN MarketCap: 96.7M
Key points
01
SPORTFUNUSDT Past 3600-second price increase 12.5%。
02
Binance open interest increased 15.6%, reaching 3200000 USD。
03
The open interest-to-market capitalization ratio was 3.3%.
04
SPORTFUNUSDT of 24-hour price change was +12.4%。
05
The market capitalization listed in the source SPORTFUN was 96700000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This monitoring information shows that SPORTFUNUSDT alongside a short-term price increase, the size of unsettled contracts is also increasing, indicating that derivatives trading activity has picked up. However, these figures alone cannot indicate the direction of capital flows, the reason for the increase, or whether the trend can continue.
Why it matters to readers
Rapid simultaneous changes in price and open interest may indicate that the trading pair is in a period of active, highly volatile trading.
Beginners should treat this as a volatility alert rather than a buy signal; an increase in open interest does not mean that the price will necessarily continue to rise.
Risks and unknowns
The source does not provide Binance raw API data or other independent sources, and the figures listed have not been verified.
The direction of the newly added contract positions, long or short, cannot be confirmed from the source.
The specific reason for the increase in price and open interest cannot be confirmed.
The source does not state the liquidity, trading volume, liquidation activity, or subsequent price trend.
Related Developments
Loading event timeline…
Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.