IRYSUSDT 1 hour decline 12.3%, Binance open interest increased to 6300000 USD
BIBIBI
AT A GLANCE
IRYSUSDT Over the past 3600 seconds, it fell by 12.3%, while Binance open interest increased by 10.3%。
Article
🇨🇳 🔻 [IRYSUSDT] Binance open interest +10.3%; price fell 12.3% over the past 3600 seconds; open interest: 6300000 USD; open interest-to-market capitalization ratio: 11.6%; 24-hour price change: +41.8%
🇺🇸 🔻 [IRYSUSDT] Binance openinterest +10.3%, Price -12.3% in the past 3600 seconds, OI: $6.3M, OI/Marketcap ratio: 11.6%, 24H Price Change: +41.8%
💰 Market Cap
IRYS MarketCap: 53.9M
Key points
01
IRYSUSDT Over the past 3600 seconds, the price fell 12.3%。
02
Binance open interest increases 10.3%, reaching 6300000 USD。
03
The open interest-to-market capitalization ratio was 11.6%.
04
IRYSUSDT of 24-hour price change was an increase of 41.8%。
05
IRYS with a market capitalization of 53900000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
When the price declines briefly while open interest instead increases, it indicates that the number of unsettled contract positions has grown. Meanwhile, 24-hour price change remains positive, indicating that the short-term trend differs in direction from the 24-hour performance.
Why it matters to readers
Rapid price fluctuations and rising open interest mean that more contract positions are in the market; beginners should be aware of the volatility risks that leveraged trading may involve.
Do not focus only on the 24-hour gain; also observe short-term price changes and open interest. These data alone cannot determine whether the price will rise or fall next.
Risks and unknowns
The data come from a single monitoring channel; the original text does not provide Binance's original data for verification.
The original text does not specify whether the increase in open interest came from long or short positions.
The original text does not provide funding rate, trading volume, or liquidation data.
These data cannot confirm the subsequent price direction.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.
A trading method that uses borrowed funds to establish a position larger than the trader’s own capital, thereby amplifying both potential gains and losses.