SPKUSDT rose by 12% over the past 1 hour, and Binance open interest increased by 30.5%.
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AT A GLANCE
SPKUSDT rose by 12% over the past 1 hour, and Binance open interest increased by 30.5%.
Article
🇨🇳 🟢 [SPKUSDT] Binance Open Interest +30.5%, in the past 3600 seconds, the price increased 12.0%, Open Interest:5900000 USD, Open Interest/market capitalization ratio:5.4%,24-hour price change:+18.4% 🇺🇸 🟢 [SPKUSDT] Binance openinterest +30.5%, Price +12.0% in the past 3600 seconds, OI: $5.9M, OI/Marketcap ratio: 5.4%, 24H Price Change: +18.4%
💰 Market Cap
SPK MarketCap: 110.2M
Key points
01
Binance SPKUSDT open interest increased by 30.5%。
02
Over the past 3600 seconds, the price increased by 12.0%。
03
Open interest was 5900000 USD.
04
The open interest-to-market capitalization ratio was 5.4%.
05
24-hour price change is +18.4%。
06
SPK Market capitalization is 110200000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest represents the size of contracts that remain open. Here, both price and open interest are rising, indicating that market trading activity and contract positions are increasing during this period; however, these data alone cannot determine whether prices will rise or fall next.
Why it matters to readers
A rapid increase in contract positions may be accompanied by greater price volatility; short-term gains do not mean that risks have disappeared.
Beginners should note that rising prices and increasing contract positions do not necessarily constitute a definite bullish signal, and chasing the rally may involve substantial volatility.
Risks and unknowns
The evidence comes from a single monitoring channel; no original exchange page or independent cross-verification was provided.
The evidence alone cannot confirm the reason for the increase, position direction, or subsequent price trend.
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Related concepts
Open Interest
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