SXT rose by 12.5% over the past 1 hour, and Binance open interest increased by 10.7%.
BIBIBI
AT A GLANCE
SXTUSDT rose 12.5% over the past 3600 seconds, while Binance open interest increased 10.7%.
Article
🇨🇳 🟢 [SXTUSDT] Binance open interest +10.7%, over the past 3600 seconds the price rose 12.5%, open interest: 2100000 USD, open interest/market capitalization ratio: 4.8%, 24-hour price change: +12.2%
🇺🇸 🟢 [SXTUSDT] Binance open interest +10.7%, Price +12.5% in the past 3600 seconds, OI: $2.1M, OI/Marketcap ratio: 4.8%, 24H Price Change: +12.2%
💰 Market Capitalization
SXT MarketCap: 41.8M
Key points
01
Binance SXTUSDT open interest increased 10.7%.
02
Over the past 3600 seconds, SXTUSDT rose 12.5%.
03
Open interest was 2100000 USD.
04
The open interest-to-market capitalization ratio was 4.8%.
05
The 24-hour price change was +12.2%.
06
SXT market capitalization was 41800000 USD.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the value of contracts that remain open. The data show that SXTUSDT price and open interest rose together during the stated period.
Why it matters to readers
The simultaneous increase in price and open interest shows that the amount of open contracts expanded, but the material does not state the long-versus-short direction or explain the price increase.
Beginners can understand this as a recent price increase accompanied by an increase in outstanding derivatives positions, but it cannot determine the subsequent direction on its own.
Risks and unknowns
The material does not state whether the increase in open interest corresponds to long or short positions.
The material does not explain why the price rose.
The accuracy and completeness of the monitoring information have not been verified.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.