SANDUSDT 1 hour decline 6.3%, while Binance open interest increased 9.2%to 32900000 USD
BIBIBI
AT A GLANCE
SANDUSDT Over the past 3600 seconds, the price declined 6.3%, while Binance open interest increased 9.2%to 32900000 USD。
Article
🇨🇳 🔻 [SANDUSDT] Binance open interest +9.2%; price fell 6.3% over the past 3600 seconds; open interest: 32900000 USD; open interest-to-market capitalization ratio: 13.0%; 24-hour price change: +25.9%
🇺🇸 🔻 [SANDUSDT] Binance openinterest +9.2%, Price -6.3% in the past 3600 seconds, OI: $32.9M, OI/Marketcap ratio: 13.0%, 24H Price Change: +25.9%
💰 Market Cap
SAND MarketCap: 257.5M
Key points
01
SANDUSDT Over the past 3600 seconds, the price declined 6.3%。
02
Binance open interest increased 9.2%, reaching 32900000 USD。
03
The open interest-to-market capitalization ratio was 13.0%.
04
SANDUSDT of 24-hour price change: +25.9%。
05
SAND Market capitalization: 257500000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The price fell significantly over the past 3600 seconds, but 24 it remained up over the hourly period. Meanwhile, open interest increased, indicating that the size of unsettled derivatives contracts grew; these data only describe simultaneous changes in price and contract volume and cannot independently confirm the subsequent direction or the reasons for the changes.
Why it matters to readers
The simultaneous occurrence of a short-term price decline and an increase in open interest means that traders should pay attention to subsequent changes in price and derivatives positions. 24 The different directions of the
Beginners should distinguish between short-term price changes and 24-hour changes, and understand that open interest is not a predictor of price increases or declines. This set of data alone is insufficient to determine that the price will definitely rise or fall next.
Risks and unknowns
The data came from a single monitoring channel, with no independent verification identified.
The original text did not specify the data collection method, the specific start and end times, or the update time.
The synchronous changes in price and open interest alone cannot confirm the market direction, position direction, or reasons for the changes.
The original text did not provide liquidation data.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.