KORUUSDT rose 4.2% in the short term, while Binance open interest decreased 6.9%
BIBIBI
AT A GLANCE
KORUUSDT rose 4.2% over the past 3600 seconds, while Binance open interest decreased 6.9%.
Article
🇨🇳 🟢 [KORUUSDT] Binance open interest -6.9%; price rose 4.2% over the past 3600 seconds; open interest: 47700000 USD; open interest-to-market capitalization ratio: 0.0%; 24-hour price change: +1.8%
🇺🇸 🟢 [KORUUSDT] Binance openinterest -6.9%, Price +4.2% in the past 3600 seconds, OI: $47.7M, OI/Marketcap ratio: 0.0%, 24H Price Change: +1.8%
💰 Market Capitalization
KORU MarketCap: 2T
Key points
01
The KORUUSDT price rose 4.2% over the past 3600 seconds.
02
Binance open interest decreased by 6.9%.
03
Open interest was 47700000 USD.
04
The open interest-to-market capitalization ratio was 0.0%.
05
The 24-hour price change was +1.8%.
06
The KORU market capitalization listed in the source was 2T.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The price rose while open interest decreased. Open interest is the scale of contracts not yet settled; the data describe changes in market indicators and cannot by themselves establish the cause of the rise or the subsequent direction.
Why it matters to readers
The simultaneous changes in price and open interest can help monitor participation in the derivatives market, but a single monitoring data point is insufficient for a trading conclusion.
Beginners can treat this as a market update and should not make trading decisions solely from the price rise and decrease in open interest.
Risks and unknowns
The source does not state the data source, calculation method, or update-time methodology.
The source does not explain the currency or specific unit of 2T.
The open interest-to-market capitalization ratio of 0.0% and KORU market capitalization of 2T cannot yet be independently verified from the source.
The reason for the relationship between the price rise and decrease in open interest is unknown.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.