RLCUSDT past 1 hours, Binance open interest fell 20%, and Binance open interest decreased 11.4%to 18700000 USD
BIBIBI
AT A GLANCE
RLCUSDT past 3600 seconds, the price fell 20.0%, while Binance open interest decreased 11.4%, but the price was still up over the past 24 hours 24.6%。
Article
🇨🇳 🔻 [RLCUSDT] Binance open interest -11.4%; price fell 20.0% over the past 3600 seconds; open interest: 18700000 USD; open interest-to-market capitalization ratio: 17.3%; 24-hour price change: +24.6%
🇺🇸 🔻 [RLCUSDT] Binance openinterest -11.4%, Price -20.0% in the past 3600 seconds, OI: $18.7M, OI/Marketcap ratio: 17.3%, 24H Price Change: +24.6%
💰 Market Cap
RLC MarketCap: 108.1M
Key points
01
RLCUSDT In the past 3600 seconds, the price fell 20.0%。
02
Binance open interest decreased 11.4%, currently at 18700000 USD。
03
The open interest-to-market capitalization ratio was 17.3%.
04
RLCUSDT of 24 hours, the price change was +24.6%。
05
RLC The market capitalization was 108100000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
These monitoring data also show a sharp short-term price decline and a reduction in open interest. Open interest is the total amount of unsettled contract positions; its decline only indicates that the position size is shrinking, and the source does not specify whether long or short positions decreased. Although the price fell over the past 3600 seconds, it was still up over the past 20.0%,24 hours 24.6%, indicating that the two statistical periods moved in different directions.
Why it matters to readers
Large short-term changes occurred in both the price and open interest, indicating that RLCUSDT there has been notable recent volatility. Open interest is equivalent to 17.3%of the market capitalization. This metric can be used to continue monitoring the size of the derivatives market, but it cannot be used alone to determine subsequent price movements.
Beginners should distinguish between the two periods, “the past 3600 seconds” and “the past 24 hours,” and should not directly interpret a decline in open interest as necessarily bullish or bearish. The source only provides market data and does not offer trading advice.
Risks and unknowns
The data came from a single monitoring channel, and the source did not provide independent verification.
The source does not confirm whether the reduction in open interest involved long positions, short positions, or a reduction in both.
The source does not explain the reasons for the changes in price and open interest.
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These data cannot confirm that RLCUSDT the price will continue to fall, rebound, or stabilize.
Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.