Binance ETHUSDT Open interest rises 2.3%,1 hourly price decline 2.1%
BIBIBI
AT A GLANCE
ETHUSDT over the past 1 hours, the price declined and open interest rose.
Article
🇨🇳 🔻 [ETHUSDT] Binance open interest +2.3%; price fell 2.1% over the past 3600 seconds; open interest: 5712300000 USD; open interest-to-market capitalization ratio: 1.9%; 24-hour price change: -1.9%
🇺🇸 🔻 [ETHUSDT] Binance openinterest +2.3%, Price -2.1% in the past 3600 seconds, OI: $5712.3M, OI/Marketcap ratio: 1.9%, 24H Price Change: -1.9%
Key points
01
Binance (Binance)ETHUSDT over the past 3600 seconds, the price declined 2.1%。
02
while open interest increased by 2.3%。
03
Open interest was 5712300000 USD.
04
The open interest-to-market capitalization ratio was 1.9%.
05
24 The hourly price change is -1.9%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This monitoring information shows that ETHUSDT open interest increased as the price fell. Open interest represents the size of contracts that have not yet been closed; based on this information alone, it is not possible to determine the direction of the new positions.
Why it matters to readers
The simultaneous decline in price and increase in open interest may indicate that leveraged positions in the market are still changing, and short-term volatility risk warrants attention.
Beginners can first understand it as follows: the price is falling, but the size of contracts that have not yet been closed is increasing; this does not necessarily mean that the price will continue to fall.
Risks and unknowns
The information does not state whether the new positions are long or short.
This monitoring text alone cannot confirm whether mass liquidations occurred.
No exchange raw data or trade details that can be independently verified were provided.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.