TWSTUSDT in the past 1 hours, Binance's open interest fell 12.9%, while open interest on Binance increased 32.6%
BIBIBI
AT A GLANCE
According to a monitoring report,TWSTUSDT over the past 1 hours, the price fell 12.9%, while open interest increased 32.6%。
Article
🇨🇳 🔻 [TWSTUSDT] Binance open interest +32.6%; price fell 12.9% over the past 3600 seconds; open interest: 300000 USD; open interest-to-market capitalization ratio: 0.0%; 24-hour price change: -8.5%
🇺🇸 🔻 [TWSTUSDT] Binance openinterest +32.6%, Price -12.9% in the past 3600 seconds, OI: $0.3M, OI/Marketcap ratio: 0.0%, 24H Price Change: -8.5%
💰 Market Cap
TWST MarketCap: 12.1B
Key points
01
A report stated that Binance's TWSTUSDT open interest increased 32.6%。
02
Over the past 3600 seconds, the price fell 12.9%。
03
Open interest was 300000 USD.
04
The open interest-to-market capitalization ratio was 0.0%.
05
24 The hourly price change was -8.5%。
06
The report listed a TWST market capitalization of 12100000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the total amount of contracts that have not yet been closed. Here, the price fell while open interest increased, indicating that the number of open contracts rose during this period; however, the message does not specify the direction of the new positions.
Why it matters to readers
A sharp price decline over a short period, together with rising open interest, may indicate increased market volatility. The open interest reported in the message was 300000 USD, but these data alone cannot determine the subsequent price direction.
Beginners should distinguish between price changes and changes in open interest: a price decline does not mean that all traders are short, and an increase in open interest alone cannot determine the market direction.
Risks and unknowns
The data came from a monitoring report; the original text did not provide a link to Binance's original data.
The original text did not specify whether the new open interest represented long or short positions.
The original text did not explain why the open interest/market capitalization ratio was shown as 0.0%。
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.