Monitoring reported that QUSDT over the past 3600 seconds, there was a decline of 26.6%, and Binance open interest increased 10.1%to 11400000 USD。
Article
🇨🇳 🔻 [QUSDT] Binance open interest +10.1%; price fell 26.6% over the past 3600 seconds; open interest: 11400000 USD; open interest-to-market capitalization ratio: 3.1%; 24-hour price change: -25.8%
🇺🇸 🔻 [QUSDT] Binance openinterest +10.1%, Price -26.6% in the past 3600 seconds, OI: $11.4M, OI/Marketcap ratio: 3.1%, 24H Price Change: -25.8%
Key points
01
QUSDT Over the past 3600 seconds, the price fell by 26.6%。
02
Binance QUSDT open interest increased by 10.1%。
03
QUSDT Open interest was 11400000 USD。
04
The open interest-to-market capitalization ratio was 3.1%.
05
QUSDT of 24 hourly price change was -25.8%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the total amount of unsettled contract positions. This monitoring indicates that QUSDT while the price fell rapidly, open interest increased to some extent; these figures describe short-term changes in price and contract positions but cannot, by themselves, indicate the subsequent direction.
Why it matters to readers
A relatively large price fluctuation occurred within a short period, while open interest increased, meaning that participants need to monitor changes in contract positions and whether the price will continue to fluctuate sharply.
Beginners should note that QUSDT short-term fluctuations are relatively large; do not determine the price direction solely on the basis of this monitoring information. Before using contracts, understand leverage and liquidation risks.
Risks and unknowns
The original text did not provide Binance’s original market or contract data, so the monitoring figures cannot be independently verified.
The original text did not specify whether the increase in open interest corresponded to long or short positions.
The original text did not provide the reason for the sharp price decline.
The original text did not provide subsequent price, open interest, or liquidation data.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.