SNDKUSDT rose by 2.9% over the past 1 hour, and Binance open interest increased by 12.8%.
BIBIBI
AT A GLANCE
SNDKUSDT The price and Binance open interest rose simultaneously over the past 3600 seconds.
Article
🇨🇳 🟢 [SNDKUSDT] Binance open interest +12.8%; price rose 2.9% over the past 3600 seconds; open interest: 312600000 USD; open interest-to-market capitalization ratio: 0.6%; 24-hour price change: +1.5%
🇺🇸 🟢 [SNDKUSDT] Binance openinterest +12.8%, Price +2.9% in the past 3600 seconds, OI: $312.6M, OI/Marketcap ratio: 0.6%, 24H Price Change: +1.5%
💰 Market Cap
SNDK MarketCap: 50B
Key points
01
Binance SNDKUSDT open interest increased 12.8%。
02
Over the past 3600 seconds, the price rose 2.9%。
03
Open interest was 312600000 USD.
04
The open interest-to-market capitalization ratio was 0.6%.
05
24 The hourly price change was +1.5%。
06
SNDK The market capitalization was 50000000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest represents the size of contracts that have not yet been closed. Here, the simultaneous increase in price and open interest indicates that futures market participation may have increased, but these data alone cannot determine whether longs or shorts are dominant.
Why it matters to readers
Increased futures market participation may amplify subsequent price volatility; the data also shows a price increase but does not indicate whether the increase can be sustained.
Beginners should distinguish between a price increase and trend confirmation: an increase in open interest does not necessarily mean that the price will continue rising, nor does it indicate a clear long or short direction.
Risks and unknowns
No trading volume, funding rate, or liquidation data was provided.
An increase in open interest alone cannot determine the long or short direction.
The source is a monitoring message and does not provide an independent original exchange link or trade-level details.
It cannot be confirmed whether the price and open interest will continue rising or quickly retreat.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.