SOXLUSDT Over the past 3600 seconds, the price fell 6.4%, while Binance open interest decreased 5.0%
BIBIBI
AT A GLANCE
SOXLUSDT The price and Binance open interest declined simultaneously.
Article
🇨🇳 🔻 [SOXLUSDT] Binance open interest -5.0%; price fell 6.4% over the past 3600 seconds; open interest: 122300000 USD; open interest-to-market capitalization ratio: 0.0%; 24-hour price change: -10.5%
🇺🇸 🔻 [SOXLUSDT] Binance openinterest -5.0%, Price -6.4% in the past 3600 seconds, OI: $122.3M, OI/Marketcap ratio: 0.0%, 24H Price Change: -10.5%
SOXL
Key points
01
Binance data shows that SOXLUSDT over the past 3600 seconds, the price fell 6.4%。
02
SOXLUSDT 24 with an hourly price change of -10.5%。
03
Binance open interest decreased 5.0%, with a value of 122300000 USD。
04
The open interest-to-market capitalization ratio was 0.0%.
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. The data this time shows that as the price fell, open interest on Binance also decreased.
Why it matters to readers
This reflects the simultaneous weakening of the price and contraction of contract size on the platform, but this information alone cannot determine the subsequent trend or specific cause.
Beginners can understand it as follows: the price fell in the short term, and some contract positions may be decreasing; this does not mean that the price will necessarily continue to fall.
Risks and unknowns
The information explicitly provides only Binance data, so it cannot confirm whether other trading platforms experienced the same change.
The information does not state the specific reasons for the price decline and decrease in open interest.
The information does not provide fundamental data, so it cannot be used to determine SOXLUSDT the long-term value.
Related Developments
Loading event timeline…
Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.