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SNDKUSDT rose 5.0% over the past 3600 seconds, while open interest increased 9.7%.
🇨🇳 🟢 [SNDKUSDT] Binance open interest +9.7%, over the past 3600 seconds the price rose 5.0%, open interest: 313600000 USD, open interest/market capitalization ratio: 0.6%, 24-hour price change: +1.9% 🇺🇸 🟢 [SNDKUSDT] Binance open interest +9.7%, Price +5.0% in the past 3600 seconds, OI: $313.6M, OI/Marketcap ratio: 0.6%, 24H Price Change: +1.9%
💰 Market Capitalization SNDK MarketCap: 50B
SNDKUSDT open interest on Binance increased 9.7%.
Over the past 3600 seconds, SNDKUSDT rose 5.0%.
Open interest was 313600000 USD ($313.6M).
The open interest-to-market capitalization ratio was 0.6%.
The 24-hour price change was +1.9%.
SNDK market capitalization was 50 billion USD.
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the value of derivatives contracts that remain open. The material shows that this value and price rose together during the specified period.
This provides a market signal about recent changes in SNDKUSDT price and derivatives positions, but the material does not explain the cause or subsequent trend.
Beginners can understand it as follows: price rose over the past 1 hour while the amount of open contracts also increased; this does not mean the price will necessarily continue rising.
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