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Binance Data shows that 1000PEPEUSDT price and open interest rose simultaneously.
🇨🇳 🟢 [1000PEPEUSDT] Binance open interest +2.9%; price rose 3.9% over the past 3600 seconds; open interest: 116600000 USD; open interest-to-market capitalization ratio: 5.5%; 24-hour price change: +13.3% 🇺🇸 🟢 [1000PEPEUSDT] Binance openinterest +2.9%, Price +3.9% in the past 3600 seconds, OI: $116.6M, OI/Marketcap ratio: 5.5%, 24H Price Change: +13.3%
Binance's 1000PEPEUSDT open interest increased 2.9%。
Over the past 3600 seconds, 1000PEPEUSDT the price increased 3.9%。
Open interest was 116600000 USD, and the open interest/market capitalization ratio was 5.5%。
24 The hourly price change was +13.3%。
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the volume of contracts that remain open. This monitoring shows that, over the past 3600 seconds, price and open interest increased simultaneously.
The simultaneous price increase and rise in open interest indicate that market trading activity is strengthening, but these data alone cannot confirm the specific position direction or subsequent trend.
Beginners can understand this as follows: the price is rising in the short term, while the volume of contracts in the market is also increasing; volatility and risk may warrant attention.
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View glossary →A fee paid periodically between long and short positions to help keep the price of a perpetual contract close to the price of the underlying asset.
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