Binance SPCXUSDT Open interest rising 7.7%,1 Hourly price decline 2.1%
BIBIBI
AT A GLANCE
SPCXUSDT Open interest rose, but the price declined at the same time.
Article
🇨🇳 🔻 [SPCXUSDT] Binance open interest +7.7%; price fell 2.1% over the past 3600 seconds; open interest: 468400000 USD; open interest-to-market capitalization ratio: 0.0%; 24-hour price change: -4.6%
🇺🇸 🔻 [SPCXUSDT] Binance openinterest +7.7%, Price -2.1% in the past 3600 seconds, OI: $468.4M, OI/Marketcap ratio: 0.0%, 24H Price Change: -4.6%
SPCX
Key points
01
Binance data show that SPCXUSDT open interest increased 7.7%。
02
the past 3600 seconds,SPCXUSDT price declined 2.1%。
03
Open interest was 468400000 USD.
04
The open interest-to-market capitalization ratio was 0.0%.
05
24 Hourly price change was -4.6%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest represents the size of contracts that have not yet been closed. This record shows that the contract size increased while the price declined.
Why it matters to readers
Changes in open interest and price occurred simultaneously, which may make short-term volatility worth monitoring, but this record does not specify the direction of positions.
Beginners can understand it as follows: the size of contracts in the market is increasing, but the price is declining; these data alone cannot determine whether prices will rise or fall next.
Risks and unknowns
The evidence does not provide long/short direction, funding rates, liquidation volume, or trading volume.
The evidence does not provide independent cross-validation.
Open interest/market capitalization ratio marked as 0.0%, with the calculation methodology unspecified.
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Related concepts
Open Interest
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