BLESSUSDT Past 1 hours rose 11.8%, Binance open interest increased 11.0%to 10300000 USD
BIBIBI
AT A GLANCE
The monitoring post states BLESSUSDT past 3600 seconds, the price rose 11.8%, Binance open interest increased 11.0%。
Article
🇨🇳 🟢 [BLESSUSDT] Binance open interest +11.0%; price rose 11.8% over the past 3600 seconds; open interest: 10300000 USD; open interest-to-market capitalization ratio: 25.3%; 24-hour price change: +17.3%
🇺🇸 🟢 [BLESSUSDT] Binance openinterest +11.0%, Price +11.8% in the past 3600 seconds, OI: $10.3M, OI/Marketcap ratio: 25.3%, 24H Price Change: +17.3%
💰 Market Cap
BLESS MarketCap: 40.8M
Key points
01
BLESSUSDT past 3600 seconds, the price rose 11.8%。
02
Binance open interest increased by 11.0%.
03
Open interest was 10300000 USD.
04
The open interest-to-market capitalization ratio was 25.3%.
05
24-hour price change was+17.3%。
06
BLESS Market capitalization is 40800000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
As the price rises, the scale of outstanding contracts is also increasing, indicating that both contract positions and the price of this trading pair have changed significantly. Open interest represents only the total volume of unsettled contracts and cannot, on its own, prove whether market participants are predominantly bullish or bearish.
Why it matters to readers
The significant changes in price and contract positions warrant attention; the ratio of open interest to market capitalization is 25.3%, and subsequent prices and positions may continue to fluctuate significantly.
Beginners can observe price and open interest separately, and should not judge the future market direction solely because both are rising simultaneously.
Risks and unknowns
The original text does not provide a link to Binance's underlying data, so the listed data cannot be independently verified based on this evidence.
The original text does not specify whether the increase in open interest came from long or short positions.
The original text does not state whether these changes will persist, nor does it provide a future price direction.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.