CYPHUSDT Past 1 hours, price fell 13.0%, while Binance open interest increased 9.5%
BIBIBI
AT A GLANCE
CYPHUSDT As the price fell, Binance open interest rose instead.
Article
🇨🇳 🔻 [CYPHUSDT] Binance open interest +9.5%; price fell 13.0% over the past 3600 seconds; open interest: 300000 USD; open interest-to-market capitalization ratio: 0.1%; 24-hour price change: -9.1%
🇺🇸 🔻 [CYPHUSDT] Binance openinterest +9.5%, Price -13.0% in the past 3600 seconds, OI: $0.3M, OI/Marketcap ratio: 0.1%, 24H Price Change: -9.1%
💰 Market Cap
CYPH MarketCap: 262.9M
Key points
01
In the past 3600 seconds,CYPHUSDT the price fell 13.0%。
02
Binance open interest increased 9.5%, to approximately 300000 USD。
03
The open interest-to-market capitalization ratio was 0.1%.
04
CYPHUSDT 24 the hourly price change was -9.1%。
05
CYPH The market capitalization was 262. 9M。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the size of contracts that remain unsettled. Here, the price fell while open interest increased, indicating that the monitored contract activity was increasing, but this information alone cannot determine that the price will necessarily continue to fall.
Why it matters to readers
The simultaneous significant movements in price and open interest may indicate that short-term volatility warrants attention; however, this data alone cannot indicate the subsequent direction.
Beginners should note that an increase in contract open interest does not constitute a bullish or bearish conclusion; price, trading volume, and other market data sources must still be considered.
Risks and unknowns
The material does not provide data from other exchanges or independent market data for cross-validation.
The subsequent price direction cannot be confirmed based solely on this monitoring reading.
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Related concepts
Open Interest
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