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Monitoring information indicates that API3USDT 1-hour increase 12.1%, while Binance open interest increased 17.0%to 7000000 USD。
🇨🇳 🟢 [API3USDT] Binance open interest +17.0%; price rose 12.1% over the past 3600 seconds; open interest: 7000000 USD; open interest-to-market capitalization ratio: 10.9%; 24-hour price change: +30.9% 🇺🇸 🟢 [API3USDT] Binance openinterest +17.0%, Price +12.1% in the past 3600 seconds, OI: $7.0M, OI/Marketcap ratio: 10.9%, 24H Price Change: +30.9%
💰 Market Cap API3 MarketCap: 65.6M
The price of API3USDT rose by 12.1% in the past 3600 seconds.
Binance open interest increased by 17.0%.
Open interest was 7000000 USD.
The open interest-to-market capitalization ratio was 10.9%.
The price change over the past 24 hours was +30.9%.
API3 Market capitalization was 65600000 USD。
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the total volume of contract positions that have not yet been settled. The original text indicates that,API3USDT as the price rose, Binance's open interest also increased, indicating that the number of unsettled positions in the derivatives market grew; however, these data alone cannot confirm that the price will continue to rise thereafter.
Both price and open interest have risen significantly in a short period, which may warrant attention to subsequent price movements and changes in contract positions.
Beginners may regard this as an indication of market volatility and should not determine the direction based solely on a single change in price and open interest.
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