DASH Binance open interest and price rise in the short term

Article

🇨🇳 🟢 [DASHUSDT] Binance open interest +9.0%; price rose 9.0% over the past 3600 seconds; open interest: 33700000 USD; open interest-to-market capitalization ratio: 4.3%; 24-hour price change: +9.5% 🇺🇸 🟢 [DASHUSDT] Binance openinterest +9.0%, Price +9.0% in the past 3600 seconds, OI: $33.7M, OI/Marketcap ratio: 4.3%, 24H Price Change: +9.5%

💰 Market Capitalization DASH MarketCap: 787.9M

Key points

The DASHUSDT price rose 9.0% over the past 3600 seconds.
Binance DASHUSDT open interest rose by 9.0%.
Open interest was 33700000 USD, equivalent to about 33700000 in the stated units.
The open interest-to-market capitalization ratio was 4.3%.
The 24-hour price change was +9.5%.
DASH market capitalization was 787900000 USD.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

Open interest represents the scale of contracts that remain open. Here, price and open interest both rose 9.0% over the past 3600 seconds, showing that contract positions and price increased together.

Why it matters to readers

This indicates notable short-term trading activity and price movement in DASHUSDT, with open interest equal to 4.3% of market capitalization.

Beginners can understand this as the price rising while the number of open contracts in the market also increased, although the information alone cannot show the subsequent price direction.

Risks and unknowns

The reason for the price rise cannot be confirmed from this information alone.
It cannot be confirmed whether these contract positions will ultimately lead to a rise or decline.
The information does not provide the long or short direction of traders.

DASH Binance open interest and price rise in the short term

Article

AI-assisted interpretation

Why it matters to readers

Risks and unknowns

Related Developments

Related concepts

Keep following

Security Center