SPCXUSDT Over the past 1 hours, increased by 2.9%; Binance open interest decreased by 12.9%
BIBIBI
AT A GLANCE
SPCXUSDT over the past 3600 seconds, up 2.9%, Binance open interest fell 12.9%to 291400000 USD。
Article
🇨🇳 🟢 [SPCXUSDT] Binance open interest -12.9%; price rose 2.9% over the past 3600 seconds; open interest: 291400000 USD; open interest-to-market capitalization ratio: 0.0%; 24-hour price change: +2.7%
🇺🇸 🟢 [SPCXUSDT] Binance openinterest -12.9%, Price +2.9% in the past 3600 seconds, OI: $291.4M, OI/Marketcap ratio: 0.0%, 24H Price Change: +2.7%
SPCX
Key points
01
SPCXUSDT Over the past 3600 seconds, the price increased by 2.9%。
02
Binance open interest decreased by 12.9%.
03
Open interest was 291400000 USD.
04
The open interest-to-market capitalization ratio was 0.0%.
05
24-hour price change was +2.7%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
These data show price increasing while open interest decreased. Open interest can be understood as the total amount of contract positions that have not yet been closed; however, this data alone cannot explain why positions decreased or determine the subsequent price direction.
Why it matters to readers
Price and open interest moved in opposite directions, indicating that the size of contract positions underwent a substantial adjustment over a short period. Further data should be monitored.
Beginners can treat this as an indication of short-term market conditions rather than a buy or sell signal; a single set of price and position data is insufficient to determine a trend.
Risks and unknowns
The evidence does not provide an independently verifiable link to Binance's original data.
The specific reason for the decrease in open interest cannot be confirmed from this set of indicators.
The subsequent SPCXUSDT price direction cannot be confirmed on this basis.
The data collection method and the calculation method for the open interest-to-market-capitalization ratio were not specified.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.