RAREUSDT Binance open interest increases 30.3%,1 hour gain 30.7%
BIBIBI
AT A GLANCE
RAREUSDT Over the past 3600 seconds, both the price and Binance open interest rose.
Article
🇨🇳 🟢 [RAREUSDT] Binance open interest +30.3%; price rose 30.7% over the past 3600 seconds; open interest: 6500000 USD; open interest-to-market capitalization ratio: 36.0%; 24-hour price change: +68.4%
🇺🇸 🟢 [RAREUSDT] Binance openinterest +30.3%, Price +30.7% in the past 3600 seconds, OI: $6.5M, OI/Marketcap ratio: 36.0%, 24H Price Change: +68.4%
💰 Market Cap
RARE MarketCap: 18.2M
Key points
01
RAREUSDT Over the past 3600 seconds, the price increased 30.7%。
02
Binance open interest increased 30.3%, reaching 6500000 USD。
03
The open interest-to-market capitalization ratio was 36.0%.
04
RAREUSDT's 24-hour price change was +68.4%。
05
RARE Market capitalization: 18200000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the size of contracts that have not yet been closed. The data show that RAREUSDT within a short period, both price and open interest increased, and the 24-hour price gain was positive.
Why it matters to readers
Concurrent changes in price and open interest indicate significant volatility in this asset's derivatives market data and warrant continued observation.
This is not investment advice. Beginners should note that substantial short-term gains may be accompanied by high volatility, and these data alone cannot determine subsequent price movements.
Risks and unknowns
The evidence does not indicate whether the increase in open interest corresponds to long or short positions.
The evidence does not provide trading volume, funding rate, or liquidation data.
The evidence comes from a monitoring channel and does not provide a link to Binance's original data.
The evidence alone cannot confirm a causal relationship between the price increase and the increase in open interest.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.