IDOLUSDT Gains widened, and Binance open interest rose to 12100000 USD
BIBIBI
AT A GLANCE
IDOLUSDT Price and open interest are rising simultaneously, indicating a high risk of short-term volatility.
Article
🇨🇳 🟢 [IDOLUSDT] Binance open interest +8.2%; price rose 12.9% over the past 3600 seconds; open interest: 12100000 USD; open interest-to-market capitalization ratio: 39.5%; 24-hour price change: +86.2%
🇺🇸 🟢 [IDOLUSDT] Binance openinterest +8.2%, Price +12.9% in the past 3600 seconds, OI: $12.1M, OI/Marketcap ratio: 39.5%, 24H Price Change: +86.2%
💰 Market Cap
IDOL MarketCap: 30.7M
Key points
01
Binance IDOLUSDT open interest increased by 8.2%。
02
Over the past 3600 seconds (1 hours), the price rose 12.9%。
03
Open interest stands at 12100000 USD, accounting for approximately 39.5%。
04
24 The hourly price change is +86.2%。
05
IDOL Market capitalization is 30700000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest refers to the size of contracts that have not yet been settled. The simultaneous rise in the current price and open interest indicates increased activity in the derivatives market at that point; 24-hour gain and the open interest/market capitalization ratio are both high.
Why it matters to readers
The price is rising rapidly and the contract size is relatively large compared with market capitalization. If the price subsequently declines, the market may experience relatively sharp volatility.
This is not merely a price-based upward signal; it also indicates relatively high participation in the derivatives market. Beginners should be aware of the risk of losses arising from derivatives leverage.
Risks and unknowns
The evidence comes from Telegram monitoring messages, and no independent verification information was provided.
The long/short direction, leverage multiple, and whether any large-scale liquidations occurred are not specified.
This message alone cannot confirm whether the upward trend will continue.
Related Developments
Loading event timeline…
Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.