METUSDT rose by 13.6% over the past 1 hour, while Binance open interest increased by 17.4% to 9700000 USD
BIBIBI
AT A GLANCE
METUSDT Short-term price and Binance open interest rose simultaneously.
Article
🇨🇳 🟢 [METUSDT] Binance open interest +17.4%; price rose 13.6% over the past 3600 seconds; open interest: 9700000 USD; open interest-to-market capitalization ratio: 4.5%; 24-hour price change: +24.0%
🇺🇸 🟢 [METUSDT] Binance openinterest +17.4%, Price +13.6% in the past 3600 seconds, OI: $9.7M, OI/Marketcap ratio: 4.5%, 24H Price Change: +24.0%
💰 Market Cap
MET MarketCap: 216.3M
Key points
01
Over the past 3600 seconds,METUSDT the price rose by 13.6%。
02
Binance open interest increased 17.4%, at 9700000 USD。
03
The open interest-to-market capitalization ratio was 4.5%.
04
METUSDT Over the past 24 hours, the price rose by 24.0%。
05
MET Market capitalization was 216300000 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. The data shows that METUSDT open interest also increased as the price rose over hour.
Why it matters to readers
The simultaneous rise in price and open interest indicates increased activity in the derivatives market during this period, but these data alone cannot determine the subsequent price direction.
Beginners may view this as a signal of increased market activity and volatility, but should not use it alone to make trading decisions.
Risks and unknowns
The evidence does not provide an independent market-data source for cross-verification.
The evidence does not specify the long/short direction, funding rate, or liquidation activity.
The evidence alone cannot determine whether the price increase can continue.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.