ACNUSDT In the past 1 hours, up 12.9%, Binance open interest increased 233.2%to 300000 USD
BIBIBI
AT A GLANCE
ACNUSDT Price and open interest rose sharply and simultaneously over the short term.
Article
🇨🇳 🟢 [ACNUSDT] Binance open interest +233.2%; price rose 12.9% over the past 3600 seconds; open interest: 300000 USD; open interest-to-market capitalization ratio: 0.0%; 24-hour price change: +20.7%
🇺🇸 🟢 [ACNUSDT] Binance openinterest +233.2%, Price +12.9% in the past 3600 seconds, OI: $0.3M, OI/Marketcap ratio: 0.0%, 24H Price Change: +20.7%
💰 Market Cap
ACN MarketCap: 107.8B
Key points
01
The monitoring text states that Binance's ACNUSDT past 3600-second price increase was 12.9%。
02
The monitoring text states that ACNUSDT open interest increased 233.2%, reaching 300000 USD。
03
The monitoring text states that the open interest-to-market capitalization ratio was 0.0%,24-hour price change was +20.7%。
04
The text lists a ACN market capitalization of 107800000000 USD。
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. Here, the monitoring data shows that ACNUSDT while the price rose, open interest also increased noticeably, indicating that the size of positions in the derivatives market changed substantially over a short period.
Why it matters to readers
The price increase occurred alongside an increase in open interest, potentially involving a higher risk of two-way volatility; this material alone cannot determine which side, long or short, was dominant.
Beginners should note that a price increase does not mean lower risk. An increase in contract positions may amplify subsequent price movements, and cannot alone determine whether to buy or sell.
Risks and unknowns
The data came from a monitoring channel; the evidence did not provide cross-validation from an exchange or another independent market-data source.
The evidence did not specify the long/short direction of the newly added positions, the leverage level, or whether any positions were closed or liquidated.
The basis for the market capitalization, open interest, and ratio figures in the evidence was not further explained.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.